National Fuel Gas Q4 Adj EPS $0.78 Misses $0.84 Estimate, Sales $368.95M Miss $458.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
National Fuel Gas (NYSE:NFG) reported Q4 adjusted earnings of $0.78 per share, missing the analyst consensus estimate of $0.84 by 7.14%. This is a 34.45% decrease from the same period last year. The company also reported quarterly sales of $368.95 million, missing the analyst consensus estimate of $458.20 million by 19.48%, a 15.21% decrease from the same period last year.
November 01, 2023 | 8:49 pm
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NEGATIVE IMPACT
National Fuel Gas reported lower than expected Q4 earnings and sales, with a significant YoY decrease. This could negatively impact the company's stock price in the short term.
National Fuel Gas reported a significant decrease in both earnings and sales compared to the same period last year, and also missed analyst estimates. This is likely to negatively impact investor sentiment and could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100