National Fuel Gas Co reports results for the quarter ended in September 30 - Earnings Summary

National Fuel Gas

07/11/2024 04:57

* National Fuel Gas Co  NFG.N  reported quarterly adjusted
earnings of 77 cents​​ per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of 78 cents.  The mean expectation of five analysts
for the quarter was for earnings of 84 cents per share. Wall
Street expected results to range from 70 cents to 98 cents per
share.
    * Revenue rose 0.8% to $372.07 million from a year ago;
analysts
expected $524.69 million. 
    * National Fuel Gas Co's reported EPS for the quarter was a
loss
of $1.84​.
    * The company reported a quarterly loss of $167.62 million.
    * National Fuel Gas Co shares had fallen by 0.1% this
quarter and
gained 20.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.5%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the natural gas
utilities peer group is also "hold"

Wall Street's median 12-month price target for National Fuel Gas
Co is 63.00 
This summary was machine generated from LSEG data November 7 at
04:57 a.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      0.84           0.77           Missed
 Jun. 30 2024      0.96           0.99           Beat
 Mar. 31 2024      1.51           1.79           Beat
 Dec. 31 2023      1.33           1.46           Beat