Resources Connection, Inc. (NASDAQ:RECN) to Release Quarterly Earnings on Thursday

Resources Connection, Inc. (NASDAQ:RECN) will announce its earnings results after the market closes on Thursday, July 20th. Analysts expect the company to announce earnings of $0.26 per share for the quarter.

Shares of Resources Connection, Inc. (RECN) opened at 14.20 on Tuesday. The firm has a 50-day moving average of $13.21 and a 200 day moving average of $15.61. The firm has a market cap of $421.07 million, a PE ratio of 21.98 and a beta of 1.20. Resources Connection, Inc. has a 52-week low of $12.41 and a 52-week high of $19.80.

Several research firms have recently issued reports on RECN. Zacks Investment Research raised Resources Connection from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 7th. TheStreet downgraded Resources Connection from a “b-” rating to a “c+” rating in a research note on Friday, May 26th. One research analyst has rated the stock with a sell rating and three have given a hold rating to the company. Resources Connection presently has an average rating of “Hold” and an average target price of $15.50.

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Resources Connection Company Profile

Resources Connection, Inc is a multinational consulting firm. The Company’s operating entities primarily provide services under the name Resources Global Professionals (RGP). The Company provides consulting and business initiative support services to its global client base in the areas of accounting; finance; corporate governance, risk and compliance (GRC) management; corporate advisory, strategic communications and restructuring; information management; human capital; supply chain management, and legal and regulatory.

Earnings History for Resources Connection (NASDAQ:RECN)

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