RGC Resources Inc. (RGCO) Beats Q4 Earnings and Revenue Estimates

Core Viewpoint - RGC Resources Inc. reported quarterly earnings of $0.01 per share, surpassing the Zacks Consensus Estimate of a loss of $0.01 per share, indicating a significant earnings surprise of 200% [1] Financial Performance - The company posted revenues of $13.1 million for the quarter ended September 2024, exceeding the Zacks Consensus Estimate by 0.80% and showing an increase from $12.47 million in the same quarter last year [2] - Over the last four quarters, RGC Resources has surpassed consensus EPS estimates two times and topped consensus revenue estimates twice [2] Stock Performance - RGC Resources shares have increased by approximately 6.6% since the beginning of the year, while the S&P 500 has gained 25.5% [3] Future Outlook - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $0.50 on revenues of $26 million, and for the current fiscal year, it is $1.22 on revenues of $89 million [7] Industry Context - The Oil and Gas - Refining and Marketing industry, to which RGC Resources belongs, is currently ranked in the bottom 7% of over 250 Zacks industries, which may impact the stock's performance [8]