RGC Resources Inc. (RGCO) reported a quarterly loss of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.05. This represents an earnings surprise of +60.00%, with revenues of $14.32 million for the quarter, surpassing estimates by 2.27%.

The company has exceeded consensus EPS estimates four times in the last four quarters, belonging to the Zacks Oil and Gas – Refining and Marketing industry. RGC Resources shares have gained 8.7% this year, underperforming the S&P 500.

Investors are eager to see how RGC Resources will perform next. With a Zacks Rank #3 (Hold), the stock’s future depends on earnings outlook and estimate revisions, which can impact short-term stock movements.

New Fortress Energy (NFE) is yet to report results for the quarter, expected to post a quarterly loss of $0.89 per share, down -1880% year-over-year. Revenues are anticipated to be $627.77 million, up 10.6% from last year’s quarter. The consensus EPS estimate for NFE has remained steady over the last 30 days.

Read more at Nasdaq: RGC Resources Inc. (RGCO) Reports Q4 Loss, Tops Revenue Estimates