Recap: RGC Resources Q2 Earnings

RGC Resources RGCO reported its Q2 earnings results on Friday, May 5, 2023 at 09:37 AM.

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

Earnings

RGC Resources beat estimated earnings by 10.34%, reporting an EPS of $0.64 versus an estimate of $0.58.

Revenue was up $8.50 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.06 which was followed by a 0.04% increase in the share price the next day.

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

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 0.39 -0.08 -0.04 0.66
EPS Actual 0.33 -0.01 0.06 0.60
Revenue Estimate 26.00M 11.00M 15.00M 30.00M
Revenue Actual 33.28M 14.11M 17.26M 29.53M

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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