SPY380.36-1.97 -0.52%
DIA309.45-4.53 -1.44%
IXIC13,192.35+72.96 0.56%

National Fuel Gas Posts Increase in Fiscal Q1 Adjusted EPS, Revenue Falls; Raises FY2021 Earnings Outlook

· 02/05/2021 06:26

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.

Price: 42.70, Change: +1.38, Percent Change: +3.34