FY2026 EPS Forecast for Resources Connection Cut by Analyst

Resources Connection, Inc. (NASDAQ:RGP) – Research analysts at Noble Financial cut their FY2026 earnings per share (EPS) estimates for Resources Connection in a research note issued on Friday, April 10th. Noble Financial analyst J. Gomes now expects that the company will post earnings of ($0.36) per share for the year, down from their previous forecast of ($0.09). Noble Financial also issued estimates for Resources Connection’s Q4 2026 earnings at ($0.21) EPS, Q1 2027 earnings at ($0.08) EPS, Q2 2027 earnings at ($0.14) EPS, Q3 2027 earnings at ($0.13) EPS and FY2027 earnings at ($0.32) EPS.

Resources Connection (NASDAQ:RGP) last posted its quarterly earnings results on Wednesday, April 8th. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.04). Resources Connection had a negative net margin of 20.16% and a negative return on equity of 0.55%. The business had revenue of $107.93 million during the quarter, compared to analysts’ expectations of $108.19 million.

A number of other analysts also recently weighed in on the company. Wall Street Zen downgraded Resources Connection from a “hold” rating to a “sell” rating in a research note on Saturday, April 11th. Zacks Research downgraded Resources Connection from a “hold” rating to a “strong sell” rating in a research note on Monday. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $7.00.

Resources Connection Price Performance

Resources Connection stock opened at $3.85 on Wednesday. Resources Connection has a 1-year low of $3.06 and a 1-year high of $6.30. The company has a market cap of $132.17 million, a PE ratio of -1.30 and a beta of 0.45. The stock’s 50 day moving average price is $3.75 and its 200 day moving average price is $4.40.

Institutional Trading of Resources Connection

A number of institutional investors have recently bought and sold shares of RGP. AQR Capital Management LLC boosted its position in Resources Connection by 13.0% during the first quarter. AQR Capital Management LLC now owns 714,138 shares of the company’s stock worth $4,670,000 after purchasing an additional 82,099 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in Resources Connection by 30.7% during the first quarter. Goldman Sachs Group Inc. now owns 262,248 shares of the company’s stock worth $1,715,000 after purchasing an additional 61,580 shares in the last quarter. Empowered Funds LLC boosted its position in Resources Connection by 7.3% during the first quarter. Empowered Funds LLC now owns 178,769 shares of the company’s stock worth $1,169,000 after purchasing an additional 12,231 shares in the last quarter. Strs Ohio purchased a new stake in Resources Connection during the first quarter worth $48,000. Finally, XTX Topco Ltd purchased a new stake in Resources Connection during the second quarter worth $118,000. 93.23% of the stock is currently owned by hedge funds and other institutional investors.

Resources Connection Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, February 20th were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 7.3%. The ex-dividend date was Friday, February 20th. Resources Connection’s payout ratio is presently -9.46%.

Key Resources Connection News

Here are the key news stories impacting Resources Connection this week:

• Positive Sentiment: Noble Financial projects RGP will earn $0.04 EPS in Q4 2027 — a positive near-term earnings beat signal relative to many of the negative quarterly forecasts published. Noble Q4 2027 estimate
• Neutral Sentiment: Noble Financial published a slate of forward-quarter estimates (Q1–Q3 2027, Q2 2027) outlining expected losses per share for upcoming quarters — these provide refreshed consensus forecasts but are not standalone rating changes. Noble forward-quarter estimates
• Negative Sentiment: Zacks Research downgraded Resources Connection from “hold” to “strong sell,” a direct negative to investor sentiment and demand for the shares. Zacks downgrade
• Negative Sentiment: Noble Financial materially cut several forecasts: Q4 2026 EPS was lowered (from $0.08 to ($0.21)), FY2026 EPS was cut (to ($0.36) from ($0.09)), and FY2027 was reduced (to ($0.32) from $0.20). Those downgrades increase downside risk to near-term earnings expectations. Noble estimate cuts

Resources Connection Company Profile

Resources Connection, Inc (NASDAQ: RGP) is a publicly traded professional services firm that specializes in providing independent consulting and project-based teams to help organizations manage critical business challenges. Operating under the RGP brand, the company connects highly skilled consultants with clients seeking support in areas such as finance and accounting, legal and risk management, supply chain optimization, technology implementation, and digital transformation.

RGP’s consultants bring specific industry and functional expertise to engagements, working on a flexible basis that allows clients to scale resources up or down as needed.