Resources Connection Q4 Adj EPS $0.44 Beats $0.35 Estimate, Sales $184.45M Beat $181.08M Estimate
Portfolio Pulse from bharat@benzinga.com
Resources Connection (NASDAQ:RGP) reported Q4 earnings of $0.44 per share, beating the analyst consensus estimate of $0.35 by 25.71%. However, this is a 34.33% decrease from the same period last year. The company also reported quarterly sales of $184.45 million, beating the estimate of $181.08 million by 1.86%, but this is a 15.01% decrease from last year.
July 24, 2023 | 8:14 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Resources Connection's Q4 earnings and sales beat estimates but are down from last year. This mixed result could lead to uncertain market reactions.
While Resources Connection beat estimates for Q4, the year-on-year decreases in earnings and sales could be a concern for investors. This could lead to mixed market reactions, making the short-term impact on the stock uncertain.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100