Resources Connection: Why Is the Stock Falling?$TRUMP
$XAU
{pgw| Connection
Resources Connection shares fell about 10.9% in after-hours trading to $3.33 after the professional services firm reported first-quarter fiscal 2027 results that significantly missed analysts’ expectations for both revenue and earnings.
Revenue for the quarter ended 29/08/2026 was approximately $98.1 million, about $8 million below consensus estimates. It also declined 18.4% year over year on a constant-currency and comparable-day basis. Adjusted net loss per share was $0.16, missing analysts’ estimate of a $0.02 loss by $0.14. Meanwhile, the GAAP net loss widened to $8.0 million, compared with $2.4 million in the same period last year.#FedMinutesFocusOnOctoberPause #BinanceLaunchesBinanceIntelligence #RobinhoodAdds$25MInBitcoinToBalanceSheet #SP500AndNasdaqHitRecordHighs #USMortgageRatesRiseTo7.49%
$XAU
{pgw| Connection
Resources Connection shares fell about 10.9% in after-hours trading to $3.33 after the professional services firm reported first-quarter fiscal 2027 results that significantly missed analysts’ expectations for both revenue and earnings.
Revenue for the quarter ended 29/08/2026 was approximately $98.1 million, about $8 million below consensus estimates. It also declined 18.4% year over year on a constant-currency and comparable-day basis. Adjusted net loss per share was $0.16, missing analysts’ estimate of a $0.02 loss by $0.14. Meanwhile, the GAAP net loss widened to $8.0 million, compared with $2.4 million in the same period last year.#FedMinutesFocusOnOctoberPause #BinanceLaunchesBinanceIntelligence #RobinhoodAdds$25MInBitcoinToBalanceSheet #SP500AndNasdaqHitRecordHighs #USMortgageRatesRiseTo7.49%