Gas Natural (EGAS) Misses Q1 EPS by 11c

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Gas Natural Inc. Reports 2016 First Quarter Results

May 9, 2016 4:16 PM EDT

CLEVELAND, May 9, 2016 /PRNewswire/ -- Gas Natural Inc. (NYSE MKT: EGAS) (the "Company"), a holding company operating local natural gas utilities serving approximately 68,000 customers in four states, reported financial results for the first quarter ended March 31, 2016.  The Company reported income from continuing operations of $2.7 million, or $0.26 per share, for the first quarter, compared with income from continuing operations of $4.4 million, or $0.42 per share, for the first quarter of 2015.  The 2016 results were significantly impacted by record-setting warm weather in most of its markets.    

Mr. Gregory J. Osborne, Gas Natural's President and Chief... More