NASDAQ$RGCO

RGC Resources Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

RGC Resources reported earnings of $0.06 per share for the quarter ended June 30, 2022.

RGC Resources, Inc. reported consolidated earnings of $592,527, or $0.06 per share, for the quarter ended June 30, 2022. This is a decrease compared to the consolidated earnings of $610,840, or $0.07 per share, for the quarter ended June 30, 2021. The decline was primarily attributable to lower non-cash MVP AFUDC income.

  • Consolidated earnings for the quarter were $592,527, or $0.06 per share.
  • Earnings decreased compared to the same quarter last year, which had earnings of $610,840, or $0.07 per share.
  • Customer growth and improved utility margins associated with infrastructure replacement programs were experienced.
  • The overall earnings decline was primarily attributable to the lower non-cash MVP AFUDC income.

Headline financials

Total Revenue

$17.3M

Previous: $14M+22.9%
EPS (adj)

$0.06

Previous: $0.07-14.3%
Capital Expenditures

-$17.4M

Previous: -$15M-16.5%
Free Cash Flow

-$16.8M

Previous: -$14.4M-17.3%
Net Income

$593K

Previous: $611K-3.0%
Operating Income

$1.64M

Previous: $1.54M+6.3%
Gross Profit

$17.3M

Previous: $14M+22.9%
Cash & Equivalents

$13.8M

Previous: $1.27M+988.9%
Total Assets

$299M

Previous: $297M+0.6%

Revenue & EPS history

RGC Resources · Revenue · Quarterly

$17.3M

Q3 2022+22.9%vs Q3 2021
Beat estimate in 10 of 12 quarters(83%)
ActualEstimate

Forward guidance

The Company notes that a variety of factors could cause the Company’s actual results and experience to differ materially from any expectations expressed in the Company’s forward-looking statements, regarding customer growth, infrastructure investment and margins.

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 Q3 2022

Historical avgQ3 2022

+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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