Resources Connection Inc. Bottom Line Advances 8% In Q2

(RTTNews) - Resources Connection Inc. (RECN) revealed earnings for its second quarter that gained ground compared to the same period last year.

The company said its bottom line rose to $8.68 million, or $0.23 per share. This was higher than $8.02 million, or $0.21 per share, in last year's second quarter.

Analysts had expected the company to earn $0.25 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.4% to $150.89 million. This was down from $151.50 million last year.

Resources Connection Inc. earnings at a glance:

-Earnings (Q2): $8.68 Mln. vs. $8.02 Mln. last year. -Earnings Growth (Y-o-Y): 8.2% -EPS (Q2): $0.23 vs. $0.21 last year. -EPS Growth (Y-o-Y): 9.5% -Analysts Estimate: $0.25 -Revenue (Q2): $150.89 Mln vs. $151.50 Mln last year. -Revenue Change (Y-o-Y): -0.4%