Resources Connection Aktie
WKN: 566037 / ISIN: US76122Q1058
08.04.2015 22:13:46
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Resources Connection Profit Tops Estimates, Revenue Misses
(RTTNews) - Resources Connection Inc (RECN) on Wednesday reported third-quarter net earnings of $6 million or $0.16 per share compared with $2.3 million or $0.06 per share last year.
Revenues for the quarter were up 10.6% at $146.8 million compared with $132.7 million in the prior year.
Analysts polled by Thomson Reuters estimated earnings of $0.12 per share on revenues of $148.4 million for the quarter. Analysts' estimates typically exclude special items.
Gross margin for the quarter improved to 37.3% from 36% in the prior year, primarily due to improvement in the bill to pay rate ratio and one less paid holiday in the current quarter, the company said.
Resources Connection is a provider of consulting and business initiative support services.

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Resources Connection Inc. | 5,95 | -1,65% |
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