Resources Connection, Inc. Reports Fourth Quarter and Full Fiscal Year 2020 Financial Results

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Go back to Resources Connection, Inc. Reports Fourth Quarter and Full Fiscal Year 2020 Financial Results

Regency Energy Partners LP (RGP) Misses Q4 EPS by 5c, Revenues Beat

July 22, 2020 4:26 PM EDT

Regency Energy Partners LP (NASDAQ: RGP) reported Q4 EPS of $0.13, $0.05 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $178.6 million versus the consensus estimate of $158.28 million.

Fourth Quarter Fiscal 2020 Highlights:

Revenue of $178.6 million compared to $182.1 million in prior year quarter, or down 2.0%Gross profit of $72.2 million compared to $73.0 million in prior year quarterGross margin improved 30 basis points to 40.4% compared to prior year quarterSG&A of $62.0 million including $5 million of restructuring costs, compared to $56.9 million in the prior year quarterNet income of $4.1 million compared to... More