NASDAQ$RGCO

RGC Resources Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

RGC Resources reported earnings of $0.58 per share for the second quarter ended March 31, 2021.

RGC Resources announced consolidated earnings of $4,767,478, or $0.58 per share, for the quarter ended March 31, 2021. This compares to earnings of $5,680,316, or $0.70 per share, for the quarter ended March 31, 2020. The decline in earnings was primarily attributable to the cessation of the non-cash MVP AFUDC beginning January 1, 2021.

  • Consolidated earnings for the quarter ended March 31, 2021 were $4,767,478, or $0.58 per share.
  • Earnings for the quarter ended March 31, 2020 were $5,680,316, or $0.70 per share.
  • The earnings decline was primarily attributable to the cessation of the non-cash MVP AFUDC beginning January 1, 2021.
  • Customer growth and improved utility margins associated with infrastructure replacement programs were experienced.

Headline financials

Total Revenue

$28.3M

Previous: $22.4M+25.9%
EPS (adj)

$0.58

Previous: $0.70-17.1%
Capital Expenditures

-$8.98M

Previous: -$10.4M+14.0%
Free Cash Flow

-$4.21M

Previous: -$4.76M+11.4%
Net Income

$4.77M

Previous: $5.68M-16.1%
Operating Income

$7.1M

Previous: $7M+1.4%
Gross Profit

$28.3M

Previous: $22.4M+25.9%
Cash & Equivalents

$727K

Previous: $3.8M-80.9%
Total Assets

$292M

Previous: $271M+8.0%

Revenue & EPS history

RGC Resources · Revenue · Quarterly

$28.3M

Q2 2021+25.9%vs Q2 2020
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

Net income for the remainder of fiscal 2021 is expected to be lower than the corresponding period in 2020.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+0.4%

Avg return

Earnings day

-0.0%

Avg return

5 days after

+2.4%

Avg return

30 days after

48%

31 / 64 earnings

Positive

+4.8%

Q2 2018

Best reaction

-5.0%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-1.8%+3.3%+0.7%
Q1 2026-0.7%+0.0%+1.6%
Q4 2025-0.2%+6.5%+9.4%
Q2 2025+4.0%-0.4%-1.8%
Q1 2025+2.2%-2.0%-2.5%
Q4 2024-4.3%-5.4%-5.2%
Q3 2024-5.0%-4.6%-3.7%
Q2 2024+2.9%+3.8%+0.4%
Q1 2024-3.4%+7.0%+8.1%
Q4 2023+1.4%+7.3%+26.3%
Q3 2023-2.0%-4.8%-11.0%
Q2 2023-1.6%-0.2%+12.2%
Q1 2023+0.6%-1.4%+0.0%
Q4 2022+1.6%+6.2%-1.5%
Q3 2022+0.2%+2.9%+4.8%
Q2 2022+2.1%-0.1%+2.3%
Q1 2022-1.7%-2.0%+0.7%
Q4 2021+0.6%-0.5%-2.9%
Q3 2021-1.5%-2.3%-3.6%
Q2 2021+0.7%+3.4%+7.2%
Q1 2021-1.2%-1.0%+2.1%
Q4 2020+2.3%-5.2%-1.7%
Q3 2020+2.1%+1.5%+4.4%
Q2 2020-1.4%-0.4%+8.4%
Q1 2020+2.0%-0.1%+13.6%
Q4 2019-1.5%-0.3%+2.0%
Q3 2019-1.9%-6.8%-1.5%
Q2 2019-0.1%-3.6%-1.6%
Q1 2019+1.1%-3.9%-2.1%
Q4 2018+3.0%-1.1%-1.4%
Q3 2018+1.7%+0.1%-5.1%
Q2 2018+4.8%+1.2%+6.8%
Q1 2018+2.7%-0.5%+13.7%
Q4 2017-0.8%-2.4%+6.8%
Q3 2017-1.2%-1.8%-2.0%
Q2 2017+4.7%+6.6%+10.5%
Q1 2017+0.0%+0.0%+4.7%
Q4 2016-1.5%+0.3%+0.0%
Q3 2016+1.2%-0.2%-5.2%
Q2 2016-1.7%
Q1 2016+1.8%
Q4 2015-1.2%
Q3 2015+1.6%
Q2 2015-2.8%
Q1 2015+0.6%
Q4 2014+2.3%
Q3 2014-0.2%
Q2 2014-0.8%
Q1 2014-1.9%
Q4 2013+0.0%
Q3 2013+0.6%
Q2 2013-1.5%
Q1 2013+0.0%
Q4 2012-0.4%
Q3 2012-1.4%
Q2 2012-0.2%
Q1 2011-0.6%
Q1 2012+2.9%
Q2 2011+1.2%
Q4 2011+1.2%
Q3 2010+4.7%
Q4 2010+4.7%
Q3 2011+4.7%
Q2 2010-1.0%

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