WGL Holdings (WGL) Tops Q2 EPS by 32c

After the close, WGL Holdings (NYSE: WGL) reported Q2 operating EPS of $2.02, $0.32 better than the analyst estimate of $1.70. Revenue for the quarter came in at $1 billion versus the consensus estimate of $1.03 billion.

WGL Holdings sees FY2015 EPS at the high end of of $2.70-$2.90, versus the consensus of $2.77.

“I am pleased to announce another solid quarter of earnings at WGL Holdings, with second quarter non-GAAP EPS of $2.02 growing 10% over 2014 results,” said Terry McCallister, Chairman and Chief Executive Officer. “This growth is impressive given our strong results in the second quarter of 2014, and it demonstrates progress on our commitment to deliver exceptional levels of earnings growth for our shareholders. The majority of this growth was realized in our Retail Energy-Marketing segment as it returns toward historical earnings levels, but, in general, all of our businesses are delivering solid results consistent with our long-term expectations. We remain on track to deliver full year non-GAAP earnings in the high end of a range of $2.70 to $2.90 per share.”

For earnings history and earnings-related data on WGL Holdings (WGL) click here.

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