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

December 29, 2017 - By Ellis Scott

 $0.20 EPS Expected for Resources Connection, Inc. (RECN)
Investors sentiment is 1.29 in Q3 2017. Its the same as in 2017Q2. It is without 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.
State Of Alaska Department Of Revenue reported 5,872 shares. American Inc has invested 0% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN). Prelude Ltd Liability Corp has 5,100 shares. State Of Tennessee Treasury Department owns 0% invested in Resources Connection, Inc. (NASDAQ:RECN) for 26,089 shares. Hotchkis And Wiley Management Ltd Liability Company, California-based fund reported 13,553 shares. Geode Cap Limited Liability Co holds 0% or 579,614 shares in its portfolio. Deprince Race Zollo holds 270,592 shares or 0.08% of its portfolio. Art Ltd Com owns 25,392 shares or 0.02% of their US portfolio. Jane Street Gru Limited Liability Company owns 0% invested in Resources Connection, Inc. (NASDAQ:RECN) for 12,289 shares. Panagora Asset owns 284,882 shares. Schwab Charles Mngmt Inc holds 348,705 shares. Moreover, Bank & Trust Of New York Mellon has 0% invested in Resources Connection, Inc. (NASDAQ:RECN) for 534,463 shares. Moreover, Citadel Advisors Ltd Liability Co has 0% invested in Resources Connection, Inc. (NASDAQ:RECN). Glenmede Na holds 0% or 221 shares in its portfolio. Tower Rech Limited Liability Company (Trc) reported 0% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN).

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 $6.03 million giving it 19.19 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 0.66% or $0.1 during the last trading session, reaching $15.35. About 52,230 shares traded. Resources Connection, Inc. (NASDAQ:RECN) has declined 11.17% since December 29, 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. The firm earned “Sell” rating on Thursday, October 6 by Deutsche Bank. Robert W. Baird maintained Resources Connection, Inc. (NASDAQ:RECN) rating on Friday, November 10. Robert W. Baird has “Hold” rating and $15.0 target. The stock has “Hold” rating by Robert W. Baird on Friday, August 25. Deutsche Bank initiated the shares of RECN in report on Thursday, August 18 with “Sell” rating. As per Thursday, October 6, the company rating was maintained by Robert W. Baird. The firm earned “Sell” rating on Friday, July 21 by Deutsche Bank.

Resources Connection, Inc. provides agile consulting services in North America, Europe, and the Asia Pacific. The company has market cap of $462.47 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 31.85 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 news for Resources Connection, Inc. (NASDAQ:RECN) were recently published by: Businesswire.com, which released: “Resources Connection, Inc. Reports First Quarter Results for Fiscal 2018” on October 04, 2017. Seekingalpha.com‘s article titled: “Resources Global Professionals To Acquire Accretive Solutions” and published on November 02, 2017 is yet another important article.

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