Northwest Natural Gas (NWN) Tops Q3 EPS by 3c, Miss on Revenues; Reaffirms FY17 EPS Guidance

Northwest Natural Gas (NYSE: NWN) reported Q3 EPS of ($0.29), $0.03 better than the analyst estimate of ($0.32). Revenue for the quarter came in at $87.73 million versus the consensus estimate of $91.46 million.

2017 Earnings Guidance

The Company reaffirms 2017 earnings guidance today in the range of $2.05 to $2.25 per share. This guidance assumes customer growth from our utility segment, average weather conditions, slow recovery of the gas storage market, and no significant changes in prevailing regulatory policies, mechanisms, or outcomes, or significant laws or regulations.

GUIDANCE:

Northwest Natural Gas sees FY2017 EPS of $2.05-$2.25.

For earnings history and earnings-related data on Northwest Natural Gas (NWN) click here.

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