* ONE Gas Inc reported quarterly adjusted earnings of 34 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 45 cents. The mean expectation of six analysts for the quarter was for earnings of 39 cents per share. Wall Street expected results to range from 30 cents to 44 cents per share.
* Revenue rose 1.4% to $340.40 million from a year ago; analysts expected $356.81 million.
* ONE Gas Inc's reported EPS for the quarter was 34 cents.
* ONE Gas Inc shares had fallen by 6.0% this quarter and gained 9.8% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 4.2% in the last three months.
* In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the natural gas utilities peer group is also "hold"
Wall Street's median 12-month price target for ONE Gas Inc is $71.00 This summary was machine generated from LSEG data November 5 at 07:45 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.39 0.34 Missed
Jun. 30 2024 0.49 0.48 Missed
Mar. 31 2024 1.76 1.75 Missed
Dec. 31 2023 1.27 1.27 Met
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