RGC Resources Inc. (RGCO) Beats Q4 Earnings and Revenue Estimates
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RGC Resources Inc. (RGCO) reported Q4 earnings of $0.01 per share, surpassing the Zacks Consensus Estimate of a loss of $0.01 per share. This is a decrease from the $0.10 per share earnings reported a year ago.
November 14, 2024 | 12:30 am
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RGC Resources Inc. reported better-than-expected Q4 earnings of $0.01 per share, beating the expected loss of $0.01. However, earnings are down from $0.10 per share a year ago.
The positive earnings surprise is likely to have a short-term positive impact on RGCO's stock price as it exceeded expectations. However, the decrease in earnings compared to the previous year may temper the positive sentiment.
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