Resources Connection Inc. Reveals 7% Gain In Q4 Earnings

(RTTNews) - Resources Connection Inc. (RECN) released a profit for its fourth quarter that advanced from last year.

The company said its bottom line came in at $8.68 million, or $0.23 per share. This was up from $8.11 million, or $0.21 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.21 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.5% to $152.52 million. This was up from $148.81 million last year.

Resources Connection Inc. earnings at a glance:

-Earnings (Q4): $8.68 Mln. vs. $8.11 Mln. last year. -Earnings Growth (Y-o-Y): 7.0% -EPS (Q4): $0.23 vs. $0.21 last year. -EPS Growth (Y-o-Y): 9.5% -Analysts Estimate: $0.21 -Revenue (Q4): $152.52 Mln vs. $148.81 Mln last year. -Revenue Change (Y-o-Y): 2.5%