* Research Solutions Inc reported quarterly adjusted earnings of 2 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of three analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -1 cents to 1 cents per share.
* Revenue rose 19.7% to $12.04 million from a year ago; analysts expected $11.90 million.
* Research Solutions Inc's reported EPS for the quarter was 2 cents.
* The company reported quarterly net income of $669 thousand.
* Research Solutions Inc shares had risen by 2.6% this quarter and gained 7.7% so far this year.
FORECAST CHANGES
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the online services peer group is also "buy"
Wall Street's median 12-month price target for Research Solutions Inc is 5.00 This summary was machine generated from LSEG data November 15 at 02:09 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.00 0.02 Beat
Jun. 30 2024 -0.06 -0.15 Missed
Mar. 31 2024 0.02 0.00 Missed
Dec. 31 2023 0.00 0.01 Beat
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