National Fuel Reports Third Quarter Earnings and Provides Preliminary Guidance for Fiscal 2020
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National Fuel Gas (NFG) Tops Q3 EPS by 3c; Offers FY19 & FY20 EPS Outlook
August 1, 2019 5:01 PM EDTNational Fuel Gas (NYSE: NFG) reported Q3 EPS of $0.71, $0.03 better than the analyst estimate of $0.68. Revenue for the quarter came in at $357.2 million versus the consensus estimate of $399.23 million.
GAAP earnings of $63.8 million, or $0.73 per share, compared to $63.0 million, or $0.73 per share, in the prior yearAdjusted operating results of $61.8 million, or $0.71 per share, compared to $63.3 million, or $0.73 per share, in the prior year (see non-GAAP reconciliation on page 2)Adjusted EBITDA of $182.9 million compared to $175.2 million in the prior year (non-GAAP reconciliation on page 24)E&P segment net... More