Piedmont Natural Gas (PNY) Misses Q2 EPS by 3c

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Piedmont Natural Gas Reports Third Quarter 2015 Results

September 3, 2015 8:26 AM EDT

CHARLOTTE, N.C., Sept. 3, 2015 /PRNewswire/ -- Piedmont Natural Gas (NYSE: PNY) today announced results for its third fiscal quarter ended July 31, 2015. For the quarter, the Company reported a seasonal loss of $8.3 million, or $(0.10) per diluted share, compared to a seasonal loss of $7.3 million, or $(0.09) per diluted share for the same period in 2014.

For the nine months ended July 31, 2015, net income was $151.1 million and diluted earnings per share were $1.91, compared with net income of $152.8 million and diluted earnings per share of $1.96 for the same period in 2014. 

Margin for the quarter was... More