RCM Technologies, Inc. closed down 2.9% at $39.12, a smaller decline than the S&P 500's 0.59% loss, while the Dow fell 0.6% and the Nasdaq dropped 0.65%. The company is expected to report earnings per share of $0.63 for its upcoming quarter, a 50% increase from the same quarter a year earlier, on revenue of $85.78 million, up 22.04% year over year. For the full fiscal year, the Zacks Consensus Estimates project earnings of $3.07 per share and revenue of $359.88 million, representing growth of 22.8% and 12.67%, respectively. Over the past 30 days, the Zacks Consensus EPS estimate has risen 16.59%, and RCM Technologies currently carries a Zacks Rank of #2 (Buy). The stock trades at a forward P/E of 13.12, below its industry's average of 17.81, while its Staffing Firms industry holds a Zacks Industry Rank of 168, placing it in the bottom 32% of more than 250 industries.
RCM Technologies IncAnalysts raised EPS estimates ahead of earnings, with projected 50% EPS growth and a Zacks Rank #2 (Buy).
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