Recap: RGC Resources Q4 Earnings

RGC Resources (NASDAQ:RGCO) reported its Q4 earnings results on Monday, November 20, 2023 at 08:45 AM. Here’s what…

RGC Resources (NASDAQ:RGCO) reported its Q4 earnings results on Monday, November 20, 2023 at 08:45 AM.

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

Earnings

RGC Resources beat estimated earnings by 600.0%, reporting an EPS of $0.1 versus an estimate of $-0.02.

Revenue was down $1.65 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 1.05% drop in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0 0.58 0.39 -0.08
EPS Actual 0.07 0.64 0.33 -0.01
Revenue Estimate 18.00M 32.00M 26.00M 11.00M
Revenue Actual 13.66M 38.03M 33.28M 14.11M

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

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

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