National Fuel Gas Q3 Adj EPS $1.01 Beats $0.91 Estimate, Sales $428.70M Miss $510.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
National Fuel Gas (NYSE:NFG) reported Q3 adjusted earnings of $1.01 per share, beating the analyst consensus estimate of $0.91 by 10.99%. However, this is a 34.42% decrease from the same period last year. The company's quarterly sales were $428.70 million, missing the analyst consensus estimate of $510.60 million by 16.04%, and marking a 14.71% decrease from the same period last year.
August 04, 2023 | 12:18 pm
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National Fuel Gas reported Q3 earnings that beat estimates but sales that missed estimates and decreased from last year.
National Fuel Gas's earnings beat estimates, which could have a positive impact on the stock. However, the company's sales missed estimates and decreased from the same period last year, which could have a negative impact. The net effect could be neutral in the short term.
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RELEVANCE 100