ONE Gas (NYSE:OGS) reported its Q4 earnings results on Wednesday, February 21, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
ONE Gas reported in-line EPS of $1.27 versus an estimate of $1.27.
Revenue was down $212.29 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 1.5% drop in the share price the next day.
Here's a look at ONE Gas's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | 0.42 | 0.59 | 1.86 | 1.21 |
EPS Actual | 0.45 | 0.58 | 1.84 | 1.23 |
Revenue Estimate | 391.77M | 453.93M | 688.67M | 430.67M |
Revenue Actual | 335.82M | 398.11M | 1.03B | 818.21M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
ONE Gas management provided guidance for FY 2023, expecting earnings between $4.12 and $4.16 per share.
To track all earnings releases for ONE Gas visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.