National Fuel Gas Posts Increase in Fiscal Q1 Adjusted EPS, Revenue Falls; Raises FY2021 Earnings Outlook
11:19 AM EST, 02/05/2021 (MT Newswires) -- National Fuel Gas (NFG) said Friday it had Q4 adjusted earnings of $1.06 per share, up from a gain of $1.01 a year earlier.
Analysts polled by Capital IQ were looking for adjusted EPS of $1.05.
Revenue for the quarter ended Dec. 31 fell to $441.2 million from $444.2 million in the prior year. The average analyst forecast compiled by Capital IQ was for revenue of $551 million.
The company said it now expects fiscal 2021 EPS to range from $3.65 to $3.95, compared with $3.55 to $3.85 previously.
Shares in the utility company were up 3.2% in recent trading Friday.
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