Resources Connection Q1 Adj. EPS $0.00 Misses $0.03 Est.
Portfolio Pulse from Benzinga Newsdesk
Resources Connection reported a Q1 adjusted EPS of $0.0, missing the estimated $0.03. This underperformance may affect investor sentiment negatively.
October 01, 2024 | 8:22 pm
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NEGATIVE IMPACT
Resources Connection reported a Q1 adjusted EPS of $0.0, missing the expected $0.03. This earnings miss could lead to negative investor sentiment and potential short-term stock price decline.
The company's failure to meet earnings expectations is likely to disappoint investors, potentially leading to a decrease in stock price as the market reacts to the negative earnings surprise.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100