RGC Resources Inc. (RGCO) Tops Q2 Earnings and Revenue Estimates

Core Insights - RGC Resources Inc. reported quarterly earnings of $0.74 per share, exceeding the Zacks Consensus Estimate of $0.68 per share, and showing an increase from $0.63 per share a year ago, resulting in an earnings surprise of 8.82% [1] - The company achieved revenues of $36.46 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 7.24% and up from $32.66 million year-over-year [2] - RGC Resources has outperformed the S&P 500, gaining approximately 4.7% since the beginning of the year, while the S&P 500 has declined by 3.9% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.04 on revenues of $15 million, and for the current fiscal year, it is $1.23 on revenues of $89 million [7] - The estimate revisions trend for RGC Resources is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Oil and Gas - Refining and Marketing industry is currently in the top 30% of over 250 Zacks industries, suggesting a favorable outlook as the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]