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
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100