Questar Corporation (STR) Tops Q2 EPS by 1c

Questar Reports Second-Quarter 2015 Earnings of $40.6 Million

August 5, 2015 4:34 PM EDT

Maintains 2015 EPS guidance

SALT LAKE CITY--(BUSINESS WIRE)-- Questar Corporation (NYSE: STR) reported second-quarter 2015 net income of $40.6 million, or $0.23 per diluted share compared to second-quarter 2014 net income of $40.3 million, or $0.23 per diluted share. Adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) for the quarter were down 5% to $130.1 million compared to $137.3 million in the year-ago period. Return on average common equity (ROE) was 17.6% for the 12 months ended June 30, 2015.

NET INCOME (LOSS) BY SUBSIDIARY

    3 Months Ended June 30,       2015   2014   Change (in millions, except earnings per share) Questar Gas $ (2.8 )   $ (3.3 )   $ 0.5   15 % Wexpro 27.9 30.1... More