Resources ConnectionRGP stock rose by 15.2% on Thursday after the company reported its Q1 earnings results on Wednesday, October 6, 2021 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Resources Connection beat their estimated earnings by 72.0%, which surprised analysts.
Revenue was up $35,794,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.6, which was followed by a 14.24% increase in the share price the next day.
Here's a look at Resources Connection's past performance and the resulting price change:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
---|---|---|---|---|---|
EPS Estimate | 0.25 | 0.2 | -0.04 | 0.19 | 0.07 |
EPS Actual | 0.43 | 0.8 | 0.14 | 0.21 | 0.14 |
Price Change % | 15.2% | 14.24% | 2.71% | -8.82% | -5.61% |
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