$0.20 EPS Expected for Resources Connection, Inc. (RECN)

December 22, 2017 – By Clifton Ray

Investors sentiment is 1.29 in Q3 2017. Its the same as in 2017Q2. It has no change, as 3 investors sold Resources Connection, Inc. shares while 39 reduced holdings. only 21 funds opened positions while 33 raised stakes. 23.67 million shares or 1.20% less from 23.96 million shares in 2017Q2 were reported.
Legal & General Gru Public Ltd Limited Liability Company owns 51,536 shares for 0% of their portfolio. Bnp Paribas Arbitrage Sa holds 16,949 shares. Barclays Public Ltd invested in 0% or 1,482 shares. Moreover, Fmr Ltd Limited Liability Company has 0% invested in Resources Connection, Inc. (NASDAQ:RECN). Aviance Cap Prtn Lc has invested 0.16% in Resources Connection, Inc. (NASDAQ:RECN). 939,848 are held by Palisade Cap Mgmt Ltd Com Nj. Citadel has invested 0% in Resources Connection, Inc. (NASDAQ:RECN). Ny State Teachers Retirement reported 0% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN). Dupont Mgmt Corp holds 0.02% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN) for 70,433 shares. Envestnet Asset Management Inc stated it has 0% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN). Kbc Grp Incorporated Nv invested in 0% or 36,149 shares. Lucus Advisors Lc has invested 0.4% in Resources Connection, Inc. (NASDAQ:RECN). South Dakota Investment Council reported 0.03% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN). Wells Fargo And Mn owns 35,147 shares for 0% of their portfolio. Qs Lc accumulated 0% or 18,018 shares.

Analysts expect Resources Connection, Inc. (NASDAQ:RECN) to report $0.20 EPS on January, 3 after the close.They anticipate $0.02 EPS change or 11.11 % from last quarter’s $0.18 EPS. RECN’s profit would be $6.03M giving it 19.50 P/E if the $0.20 EPS is correct. After having $0.12 EPS previously, Resources Connection, Inc.’s analysts see 66.67 % EPS growth. The stock increased 0.32% or $0.05 during the last trading session, reaching $15.6. About 36,295 shares traded. Resources Connection, Inc. (NASDAQ:RECN) has declined 11.17% since December 22, 2016 and is downtrending. It has underperformed by 27.87% the S&P500.

Resources Connection, Inc. (NASDAQ:RECN) Ratings Coverage

Among 2 analysts covering Resources Connection Inc. (NASDAQ:RECN), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Resources Connection Inc. had 6 analyst reports since August 18, 2016 according to SRatingsIntel. Deutsche Bank maintained Resources Connection, Inc. (NASDAQ:RECN) on Friday, July 21 with “Sell” rating. The company was maintained on Thursday, October 6 by Deutsche Bank. Robert W. Baird maintained the stock with “Hold” rating in Friday, August 25 report. Robert W. Baird maintained Resources Connection, Inc. (NASDAQ:RECN) on Friday, November 10 with “Hold” rating. Robert W. Baird maintained the stock with “Neutral” rating in Thursday, October 6 report. The company was initiated on Thursday, August 18 by Deutsche Bank.

Resources Connection, Inc. provides agile consulting services in North America, Europe, and the Asia Pacific. The company has market cap of $470.00 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 32.37 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 important recent Resources Connection, Inc. (NASDAQ:RECN) news were published by: Seekingalpha.com which released: “Resources Connection’s (RECN) CEO Kate Duchene on Q1 2018 Results – Earnings …” on October 05, 2017, also Businesswire.com published article titled: “Resources Connection, Inc. Reports First Quarter Results for Fiscal 2018”, Seekingalpha.com published: “Resources Global Professionals To Acquire Accretive Solutions” on November 02, 2017. More interesting news about Resources Connection, Inc. (NASDAQ:RECN) was released by: Seekingalpha.com and their article: “Resources Connection’s (RECN) CEO Kate Duchene on Q4 2017 Results – Earnings …” with publication date: July 21, 2017.