Investing.com - Resources Connection reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Resources Connection announced earnings per share of $0.60 on revenue of $204.1M. Analysts polled by Investing.com anticipated EPS of $0.48 on revenue of $205M.
Resources Connection shares are down 0% from the beginning of the year and are trading at $17.01 , down-from-52-week-high.
Resources Connection shares lost 5.29% in after-hours trade the report.
Resources Connection follows other major Industrials sector earnings this month
Resources Connection's report follows an earnings beat by Cintas on Wednesday, September 28, 2022, who reported EPS of $3.39 on revenue of $2.17B, compared to forecasts EPS of $3.13 on revenue of $2.08B.
FedEx had missed expectations on Thursday, September 15, 2022 with first quarter EPS of $3.44 on revenue of $23.2B, compared to forecast for EPS of $5.14 on revenue of $23.61B.
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