Research Solutions Inc. (RSSS) Misses Q4 Earnings Estimates
Research Solutions Inc. (RSSS) reported fourth-quarter earnings of $0.03 per share, missing the consensus estimate of $0.04 and marking a 25% negative earnings surprise. The result also fell sharply from $0.07 per share a year earlier. Revenue came in at $12.08 million, beating expectations by 1.52%, but the top-line beat did little to offset the earnings miss.
The company has now failed to surpass consensus EPS estimates for four consecutive quarters, extending a pattern of underperformance. Year-to-date, RSSS shares have declined 25.9%, significantly lagging the S&P 500's 12.1% gain over the same period.
Zacks Investment Research assigned RSSS a Rank #3 (Hold) rating, indicating the firm expects near-term performance to track broadly in line with the market despite the recent weakness.