National Fuel Reports Second Quarter Earnings
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National Fuel Gas (NFG) Misses Q2 EPS by 10c, Revenues Miss; Offers FY19 EPS Mid-Point Guidance Below Consensus
May 2, 2019 4:55 PM EDTNational Fuel Gas (NYSE: NFG) reported Q2 EPS of $1.07, $0.10 worse than the analyst estimate of $1.17. Revenue for the quarter came in at $558.54 million versus the consensus estimate of $589.54 million.
GAAP earnings of $90.6 million, or $1.04 per share, compared to $91.8 million, or $1.06 per share, in the prior year
Adjusted operating results of $92.9 million, or $1.07 per share, compared to $95.6 million, or $1.11 per share, in the prior year (see non-GAAP reconciliation below)Consolidated Adjusted EBITDA of $225.8 million compared to $232.4 million in the prior year (see non-GAAP reconciliation on page 24)E&P segment net... More