Southern Union Co (SUG) reported third-quarter net income available to shareholders of $44.75 million or $0.36 per share compared to $42.48 million or $0.34 per share last year. Adjusted net earnings available for common stockholders were $42.7 million or $0.34 per share compared to $36.0 million or $0.29 per share prior year.
On average, 8 analysts polled by Thomson Reuters expected the company to report profit of $0.30 per share for the quarter. Analysts' estimates typically exclude special items.
Operating revenues decreased to $438.45 million from $657.28 million last year.
Net operating revenues decreased to $269.86 million from $290.58 million last year. Adjusted net operating revenues decreased to $270.31 million from $276.84 million a year ago.
Analysts expected revenue of $440.81 million for the quarter.
Southern Union reaffirms its fiscal 2009 net earnings per share guidance of $1.45-$1.60 and adjusted net earnings per share guidance of $1.75-$1.90.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.