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Rcm Technologies (RCMT)
NASDAQ:RCMT
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Earnings Data
Report Date
Mar 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.83Last Year’s EPS
0.71Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: -15.58%
|Next Earnings Date:Aug 14, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong growth in healthcare, engineering, and aerospace segments, with substantial client retention and operational efficiency improvements. However, the decline in life sciences gross profit and financial impact from interest and currency exchange losses were notable concerns.Company Guidance
During the Q3 2024 earnings call for RCM Technologies, the company provided guidance reflecting confidence in continued growth across its key sectors. The healthcare segment, particularly in K-12 staffing, is projected to achieve a 20% year-over-year revenue increase through the 2024-2025 school year. In engineering, Energy Services is on track to exceed 2024 revenue and EBITDA targets, buoyed by major projects in the U.S. and Europe. Life Sciences Data & Solutions faced a 13.1% decline in gross profit, but strong client retention and expanded service offerings were highlighted. Overall, the company anticipates low double-digit earnings growth for 2025, leveraging strategic investments, operational efficiencies, and a strong pipeline in international nursing and engineering projects. Adjusted EBITDA for Q3 grew by 9.5% year-over-year, indicating solid financial health and positioning RCM for a potentially record-setting year in 2025.Healthcare and Engineering Growth
Healthcare gross profit grew by 11.1% and engineering gross profit increased by 5.1% in Q3 2024. The healthcare segment saw a 16.3% increase in school revenue, with expectations for 20% growth by the end of the 2024-2025 school year.
Record Client Retention in Life Sciences
The Life Sciences Data & Solutions Division achieved a 99% client retention rate, supported by effective cost management and increased operational efficiencies.
Energy Services Expansion
Energy Services is on track to exceed 2024 budgeted revenue and EBITDA, with significant projects in the U.S., Europe, and Puerto Rico contributing to growth.
Strong Aerospace and Defense Performance
Headcount doubled in two new clients secured in Q2 2024, with revenue run rate increasing by over $100,000 per week, supported by new contracts with major OEMs.
Overall Financial Performance
Consolidated gross profit grew by 3.2% in Q3 2024, with adjusted EBITDA increasing by 9.5%. Year-to-date adjusted EBITDA grew by 10.5%.
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RCMT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RCMT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $23.04 | $24.01 | +4.21% |
| Aug 07, 2024 | $18.21 | $19.32 | +6.10% |
| May 08, 2024 | $19.29 | $20.83 | +7.98% |
| Mar 13, 2024 | $28.77 | $21.60 | -24.92% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Rcm Technologies (RCMT) report earnings?
Rcm Technologies (RCMT) is schdueled to report earning on Mar 05, 2025, TBA Not Confirmed.
What is Rcm Technologies (RCMT) earnings time?
Rcm Technologies (RCMT) earnings time is at Mar 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RCMT EPS forecast?
RCMT EPS forecast for the fiscal quarter 2024 (Q4) is 0.83.
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