ONE Gas Announces First Quarter 2020 Financial Results

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ONE Gas (OGS) Misses Q1 EPS by 6c, Revenues Miss; Offers FY20 EPS Mid-Point Guidance Below Cosnensus

April 27, 2020 4:24 PM EDT

ONE Gas (NYSE: OGS) reported Q1 EPS of $1.72, $0.06 worse than the analyst estimate of $1.78. Revenue for the quarter came in at $528.17 million versus the consensus estimate of $604.42 million.

FIRST QUARTER 2020 KEY PERFORMANCE DRIVERS AND HIGHLIGHTS

First quarter 2020 net income was $91.7 million, or $1.72 per diluted share, compared with $93.7 million, or $1.76 per diluted share, in the first quarter 2019;Actual heating degree days across... More