Resources Connection Inc. Reports Fall In Q4 Profit
Resources Connection Inc. (RECN) released a profit for fourth quarter that declined from last year.
The company’s profit came in at $3.98 million, or $0.12 per share. This compares with $4.44 million, or $0.15 per share, in last year’s fourth quarter.
Analysts had expected the company to earn $0.28 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.
The company’s revenue for the quarter rose 23.7% to $183.79 million from $148.62 million last year.
Resources Connection Inc. earnings at a glance:
-Earnings (Q4): $3.98 Mln. vs. $4.44 Mln. last year.
-EPS (Q4): $0.12 vs. $0.15 last year.
-Analysts Estimate: $0.28
-Revenue (Q4): $183.79 Mln vs. $148.62 Mln last year.
by RTTNews Staff Writer
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