Resources Connection: Q2 Earnings Insights

Resources Connection (NASDAQ:RGP) reported its Q2 earnings results on Wednesday, January 3, 2024 at 04:05 PM. Here’s what…

Resources Connection (NASDAQ:RGP) reported its Q2 earnings results on Wednesday, January 3, 2024 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Resources Connection beat estimated earnings by 55.56%, reporting an EPS of $0.28 versus an estimate of $0.18.

Revenue was down $37.23 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 6.56% drop in the share price the next day.

Here’s a look at Resources Connection’s past performance:

Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023
EPS Estimate 0.23 0.35 0.32 0.47
EPS Actual 0.20 0.44 0.37 0.59
Revenue Estimate 170.14M 181.08M 183.92M 199.20M
Revenue Actual 170.17M 184.45M 186.78M 200.35M

To track all earnings releases for Resources Connection visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Total
0
Shares
Related Posts
Read More

Bloom Energy Shares Climb After Q1 Results, Expanded Agreement With Intel

Bloom Energy announces a power capacity agreement with Intel that will result in Silicon Valley's largest fuel cell-powered high-performance computing data center. The agreement calls for the installation of additional megawatts (MW) of Bloom Energy's fuel cell-based Energy Server at Intel's existing high-performance computing data center in Santa Clara, California.

BE