Laclede Group (LG) Tops Q3 EPS by 9c

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Go back to Laclede Group (LG) Tops Q3 EPS by 9c

The Laclede Group Reports Third Quarter Results

August 5, 2015 7:01 AM EDT

ST. LOUIS, Aug. 5, 2015 /PRNewswire/ -- The Laclede Group, Inc. (NYSE: LG) ("Company" or "Laclede") today reported operating results for its fiscal 2015 third quarter and nine months ended June 30, 2015. Highlights include:

Net economic earnings ("NEE", non-GAAP) for the first nine months increased to $3.56 per fully diluted share from $3.12 per share in the prior year, driven by growth in Gas Utility earnings   Third quarter NEE per share decreased to $0.25 from $0.44 last year, reflecting the change in Laclede's earnings pattern due to the acquisition of Alagasco and a... More