National Fuel Gas: Fiscal 3Q Earnings Snapshot
WILLIAMSVILLE, N.Y. (AP) _ National Fuel Gas Co. (NFG) on Thursday reported fiscal third-quarter earnings of $63.8 million.
On a per-share basis, the Williamsville, New York-based company said it had net income of 73 cents. Earnings, adjusted for non-recurring gains, came to 71 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.
The energy company posted revenue of $357.2 million in the period.
National Fuel Gas expects full-year earnings in the range of $3.40 to $3.50 per share.
National Fuel Gas shares have dropped slightly more than 8% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $46.88, a drop of 11% in the last 12 months.