ONE Gas Q3 EPS $0.45 Beats $0.42 Estimate, Sales $335.82M Miss $391.77M Estimate
Portfolio Pulse from Benzinga Newsdesk
ONE Gas (NYSE:OGS) reported Q3 earnings of $0.45 per share, beating the analyst consensus estimate of $0.42 by 7.14%. However, the company's quarterly sales of $335.82 million missed the analyst consensus estimate of $391.77 million by 14.28%. This represents a 2.27% increase in earnings and a 6.55% decrease in sales compared to the same period last year.
October 30, 2023 | 8:23 pm
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ONE Gas's Q3 earnings beat estimates but sales missed, indicating mixed performance. This could lead to uncertainty in the market, potentially impacting the stock's short-term performance.
ONE Gas's earnings beat estimates, which is a positive signal. However, the miss on sales could be a concern for investors, as it indicates a decrease in revenue. This mixed performance could lead to uncertainty in the market, potentially causing volatility in the stock's price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100