Earnings Preview For Resources Connection
Portfolio Pulse from Benzinga Insights
Resources Connection (NASDAQ:RGP) is set to release its latest quarterly earnings report on October 4, 2023. Analysts estimate an earnings per share (EPS) of $0.23. The company's past performance shows a pattern of beating EPS estimates, which has sometimes resulted in an increase in share price. However, the stock has been generally negative over the last 52-week period, with shares down 18.1%.
October 03, 2023 | 2:01 pm
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Resources Connection's upcoming earnings report could impact its stock price. The company has a history of beating EPS estimates, which has sometimes led to a share price increase. However, the stock has been generally negative over the past year.
The upcoming earnings report is a significant event for any company, and Resources Connection is no exception. The company's history of beating EPS estimates could lead to positive investor sentiment and a potential increase in stock price. However, the overall negative trend of the stock over the past year indicates that investors may be bearish about the company's prospects. Therefore, the impact on the stock price could go either way, depending on the actual earnings results and the company's guidance for the next quarter.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100