Analysts See $0.23 EPS for Resources Connection, Inc. (RECN)

Resources Connection, Inc. (NASDAQ:RECN) LogoInvestors sentiment decreased to 1.69 in Q2 2018. Its down 0.05, from 1.74 in 2018Q1. It turned negative, as 8 investors sold Resources Connection, Inc. shares while 31 reduced holdings. 24 funds opened positions while 42 raised stakes. 24.85 million shares or 1.61% more from 24.45 million shares in 2018Q1 were reported.
Federated Investors Pa reported 450 shares stake. Arrowstreet Capital Lp owns 150,729 shares for 0.01% of their portfolio. Principal Grp holds 0% or 232,511 shares in its portfolio. Highland Mgmt L P reported 20,000 shares. Strs Ohio holds 0% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN) for 46,400 shares. Palisade Cap Management Ltd Liability Nj accumulated 1.16 million shares. Bancshares Of Montreal Can accumulated 801 shares or 0% of the stock. Geode Capital Lc reported 0% in Resources Connection, Inc. (NASDAQ:RECN). Acadian Asset Mgmt Llc owns 0% invested in Resources Connection, Inc. (NASDAQ:RECN) for 55,768 shares. Texas Permanent School Fund invested in 0% or 19,121 shares. City invested in 200 shares or 0% of the stock. Legal General Gru Plc holds 0% or 58,626 shares in its portfolio. Blackrock reported 4.30M shares. Alliancebernstein L P has invested 0% in Resources Connection, Inc. (NASDAQ:RECN). Zurcher Kantonalbank (Zurich Cantonalbank) owns 3,480 shares for 0% of their portfolio.

Since October 4, 2018, it had 0 insider purchases, and 2 insider sales for $513,771 activity. Cherbak Anthony sold $371,796 worth of Resources Connection, Inc. (NASDAQ:RECN) on Thursday, October 4.

Analysts expect Resources Connection, Inc. (NASDAQ:RECN) to report $0.23 EPS on January, 2.They anticipate $0.02 EPS change or 8.00 % from last quarter’s $0.25 EPS. RECN’s profit would be $7.25M giving it 16.91 P/E if the $0.23 EPS is correct. After having $0.20 EPS previously, Resources Connection, Inc.’s analysts see 15.00 % EPS growth. The stock decreased 1.08% or $0.17 during the last trading session, reaching $15.56. About 133,991 shares traded. Resources Connection, Inc. (NASDAQ:RECN) has risen 31.35% since December 7, 2017 and is uptrending. It has outperformed by 15.73% the S&P500.

Resources Connection, Inc. provides agile consulting services in North America, Europe, and the Asia Pacific. The company has market cap of $490.81 million. The firm offers finance and accounting services, including process transformation and optimization, financial reporting and analysis, technical and operational accounting, merger and acquisition due diligence and integration, audit readiness, preparation and response, implementation of new accounting standards, and remediation support. It has a 22.04 P/E ratio. It also provides information management services, such as program and project management, business and technology integration, data strategy, and business performance management.

More notable recent Resources Connection, Inc. (NASDAQ:RECN) news were published by: Nasdaq.com which released: “After-Hours Earnings Report for October 3, 2018 : SNX, RECN, PIR – Nasdaq” on October 03, 2018, also Businesswire.com with their article: “RGP Completes Acquisition of taskforce – Management on Demand AG – Business Wire” published on September 01, 2017, Seekingalpha.com published: “My Top Professional Services Stocks For 2015 – Seeking Alpha” on May 15, 2015. More interesting news about Resources Connection, Inc. (NASDAQ:RECN) were released by: Businesswire.com and their article: “RGP Hires Michael Carberry as Managing Director, Carolinas – Business Wire” published on November 09, 2016 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For July 18, 2018 – Benzinga” with publication date: July 18, 2018.

Resources Connection, Inc. (NASDAQ:RECN) Institutional Positions Chart

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