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Resources Connection Inc  (RECN)
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EARNINGS REPORT by CSIMarket

Earnings Jumped by 28.57 %

Resources Connection Inc announced third quarter 2019 operating surplus of $10.213 millions

The_U.S._Army_pdFor the third quarter 2019 eps growth outpaced revenue increase, where eps advanced by 28.57 % at $0.18 per share, Sales advanced by 4.11 % to $179 millions from the same quarter a year ago.

In the previous quarter company realized Sales of $189 millions and bottom line of $0.33 per share.

Net income of $6 millions in the third quarter 2019 increased by 26.14 % from net earnings of $5 millions reported in the third quarter 2019 a year ago. Resources Connection Inc also emphasized it's improving profit margins, where net margin rose to 3.23% in third quarter 2019, and operating margin edged up to 5.69%.


    Recently Reported Results
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Resources Connection Inc announced third quarter 2019 operating surplus of $10.213 millions

For the third quarter 2019 eps growth outpaced revenue increase, where eps advanced by 28.57 % at $0.18 per share, Sales advanced by 4.11 % to $179 millions from the same quarter a year ago.

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April Outlays for U.S. construction projects grew

U.S. Department of Commerce reported 1.3 % increase in construction spending in April, led by growth in construction outlays for health care, residential and nonresidential construction.

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Sears Hometown & Outlet Stores, Inc announced first quarter operating loss of $-7.825 millions

Weak demand caused increase in losses for the first quarter, company's loss per share grew to $-0.53 from $-0.41 where Sales fell by -23.66 % to $291.07 millions from $381.28 millions a year ago.

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Global Arena Holding, Inc announced first quarter operating shortfall of $-0.159678 millions

In the first quarter Global Arena Holding, Inc reached break-even of $0.00 per share compare to $-0.01 a year ago and from $0.01 per share from the previous quarter.

Sales advanced by 8.06 % to $0.06 millions from $0.05 millions in the same quarter a year ago and sequentially Sales decreased by -68.38 % from $0.18 millions.

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Steelcase Inc announced first quarter operating surplus of $27.6 millions

Company achieved top and bottom-line growth for the first quarter. Sales were at $824.30 millions increased by 9.32 % year on year and deteriorated by -9.66 % quarter on quarter, while income increased by 7.14 % to $0.15, sequentially income faded by -21.05 %.

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In May growth in Consumer Prices moderates

CPI contunued to grow in May but on the smaller pace than in two previous months, as a decline in energy costs didn't immediately filter through the rest of the economy.

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May job growth slows to 75,000

The U.S. added less jobs in May, but the unemployment rate remained unchanged 3.6 %,

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Growth slows as petroleum prices fell


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Strong Double Digit EPS Growth, Sales more than Double

In the forth quarter Oracle Corporation profits soared by 33.94 % of $1.07 per share compare to $0.80 a year ago and eps soared by 40.8 % from $0.76 per share from the previous quarter.

Sales increased sharply by 172.33 % to $30.64 billions from $11.25 billions in the same quarter a year ago and sequentially Sales surged by 66.16 % from $18.44 billions.

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Winnebago Industries Inc announced third quarter operating surplus of $48.974 millions

Despite weak Sales in the third quarter, company has managed to improve it's earnings per share, eps grew by 11.76 % to $1.14 per share while Sales fell by -5.93 % to $528.94 millions, year on year.

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Decline in Earnings while Sales Grew

Sales growth of 1 %, could not prevent income contraction of -18.18 % in the second quarter, compare to same quarter a year ago. Sales were at $615.00 millions and eps at $0.09.

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Earnings Fell while Sales Grew

Methode Electronics Inc delivered mixed results in the forth quarter, where Sales grew by 6.83 % to $266.00 millions in comparison to $249.00 millions on a year-over-year basis, while income dropped by -38.28 % to $0.60 per share, as comparison at $0.97 in the prior year quarter.

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Losses Widen but Revenues Unchanged

In the first quarter Apotheca Biosciences, Inc increased losses of $-0.01 per share compare to $0.00 a year ago and from $0.00 per share from the previous quarter.

Sales remained unchanged to $0.00 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

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Redemption of Losses, Sales very Strong

Strong Sales growth in the first quarter, by 64.54 % to $0.04 millions helped to cut losses to $-0.02 per share, from $-0.05 in same quarter a year ago.

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Other RECN's Earnings Reports

Resources Connection Inc reported second quarter 2018 earnings

Resources Connection Inc reported first quarter 2018 earnings

Resources Connection Inc reported forth quarter 2018 earnings

             
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