ONE Gas Inc. (OGS) released earnings for its first quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $119.42 million, or $1.98 per share. This compares with $99.32 million, or $1.75 per share, last year.
Analysts on average had expected the company to earn $1.86 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 23.3% to $935.19 million from $758.32 million last year.
ONE Gas Inc. earnings at a glance (GAAP) :
-Earnings: $119.42 Mln. vs. $99.32 Mln. last year.-EPS: $1.98 vs. $1.75 last year.-Revenue: $935.19 Mln vs. $758.32 Mln last year.
-Guidance:Full year EPS guidance: $4.20 to $4.32
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