Analysts See $0.11 EPS for Resources Connection, Inc. (RECN)

September 16, 2018 - By Sonya McDaniel

Resources Connection, Inc. (NASDAQ:RECN) LogoInvestors sentiment decreased to 1.69 in 2018 Q2. Its down 0.05, from 1.74 in 2018Q1. It is 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.
Envestnet Asset Mngmt Inc reported 79 shares. Manufacturers Life Insurance The owns 23,533 shares for 0% of their portfolio. State Street holds 0% or 1.09 million shares in its portfolio. 912,733 are held by River Road Asset Mngmt Ltd. Mutual Of America Cap Management Lc stated it has 109 shares. Axa holds 0.01% or 194,722 shares in its portfolio. Parkside State Bank And Tru accumulated 21 shares or 0% of the stock. Alliancebernstein Limited Partnership owns 53,345 shares. Moreover, Rice Hall James & Assoc Ltd Llc has 0.05% invested in Resources Connection, Inc. (NASDAQ:RECN). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN) for 3,480 shares. Hussman Strategic Advsr Inc, Maryland-based fund reported 3,800 shares. Pnc Fincl Ser Group Inc Inc holds 0% or 1,307 shares in its portfolio. Royal Bancshares Of Canada reported 0% stake. 158,932 are owned by California Pub Employees Retirement System. Cornercap Counsel Incorporated has 0.11% invested in Resources Connection, Inc. (NASDAQ:RECN) for 46,070 shares.

Since April 9, 2018, it had 0 insider buys, and 1 sale for $95,232 activity.

Analysts expect Resources Connection, Inc. (NASDAQ:RECN) to report $0.11 EPS on October, 3.They anticipate $0.01 EPS change or 8.33 % from last quarter’s $0.12 EPS. RECN’s profit would be $3.51M giving it 39.20 P/E if the $0.11 EPS is correct. After having $0.27 EPS previously, Resources Connection, Inc.’s analysts see -59.26 % EPS growth. The stock increased 2.68% or $0.45 during the last trading session, reaching $17.25. About 169,904 shares traded or 13.98% up from the average. Resources Connection, Inc. (NASDAQ:RECN) has risen 31.35% since September 16, 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 $550.67 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 28.75 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: Uk.Finance.Yahoo.com, which released: “How Should You Think About Resources Connection Inc’s (NASDAQ:RECN) Risks?” on September 10, 2018. Globenewswire.com‘s article titled: “Report: Exploring Fundamental Drivers Behind Fiesta Restaurant Group, Emerge Energy Services LP, Collegium …” and published on August 24, 2018 is yet another important article.

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

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