Laclede Group (LG) Misses Q1 EPS by 7c

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The Laclede Group Reports First Quarter Results

February 3, 2016 7:00 AM EST

ST. LOUIS, Feb. 3, 2016 /PRNewswire/ -- The Laclede Group, Inc. (NYSE: LG) ("Company" or "Laclede") today reported operating results for its fiscal 2016 first quarter ended December 31, 2015. Highlights include:

Net economic earnings* of $1.04 per diluted share, with comparable GAAP earnings of $1.08 per share Gas Utility earnings essentially equal to prior year despite unseasonably warm weather   On target for net economic earnings per share of $3.34 to $3.44 for the full fiscal year

"We are off to a solid start in fiscal 2016 as we continue to transform... More