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Questar Corp. (STR) Tops Q1 EPS by 1c

April 29, 2014 4:50 PM

Questar Corp. (NYSE: STR) reported Q1 EPS of $0.48, $0.01 better than the analyst estimate of $0.47. Revenue for the quarter came in at $456.9 million versus the consensus estimate of $489.6 million.

Questar Corp. maintained FY2014 EPS of $1.18-$1.24.

“With a strong first quarter behind us, we have greater confidence to reiterate our initial 2014 EPS guidance range of $1.18 to $1.28 per share,” Jibson said. “Questar Gas’s strong customer growth and the enhanced infrastructure-replacement program support strong long-term earnings and rate base growth at the utility. Wexpro is actively looking to acquire and develop new and existing natural gas properties and continue to grow its investment base. Questar Pipeline continues to develop projects to maximize the benefit of its businesses for shareholders. And, Questar Fueling is becoming a major player in the developing market of CNG fueling for trucking-fleet operators throughout the United States. We continue to invest for the long-term with the goals of providing superior service to our customers and strong growth with industry-leading returns for our shareholders.”

For earnings history and earnings-related data on Questar Corp. (STR) click here.

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