Resources Connection (NASDAQ:RGP – Get Free Report) announced its earnings results on Thursday. The company reported $0.18 earnings per share (EPS) for the quarter, Briefing.com reports. The firm had revenue of $145.62 million during the quarter, compared to analyst estimates of $137.02 million. Resources Connection had a return on equity of 3.69% and a net margin of 2.04%. The business’s revenue was down 10.7% compared to the same quarter last year. During the same period last year, the firm posted $0.28 EPS.
Resources Connection Stock Performance
RGP traded up $0.19 during midday trading on Thursday, reaching $8.72. The company had a trading volume of 686,657 shares, compared to its average volume of 436,326. Resources Connection has a 12-month low of $7.90 and a 12-month high of $14.50. The business has a 50-day moving average price of $8.42 and a two-hundred day moving average price of $9.47. The stock has a market cap of $291.87 million, a PE ratio of 24.22, a P/E/G ratio of 3.48 and a beta of 0.68.
Resources Connection Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 15th were given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 6.42%. The ex-dividend date of this dividend was Friday, November 15th. Resources Connection’s dividend payout ratio is 155.56%.
Resources Connection Company Profile
Resources Connection, Inc provides consulting services to business customers under the Resources Global Professionals name in North America, Europe, and the Asia Pacific. The company offers services in the areas of transactions, including integration and divestitures, bankruptcy/restructuring, going public readiness and support, financial process optimization, and system implementation; and regulations, such as accounting regulations, internal audit and compliance, data privacy and security, healthcare compliance, and regulatory compliance.
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