(RTTNews) - Northwest Natural Gas (NWN) reported Loss for its third quarter that increased from the same period last year but beat the Street estimates.
The company's bottom line totaled -$27.17 million, or -$0.71 per share. This compares with -$23.69 million, or -$0.65 per share, in last year's third quarter.
Analysts on average had expected the company to earn -$0.79 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 3.2% to $136.93 million from $141.48 million last year.
Northwest Natural Gas earnings at a glance (GAAP) :
-Earnings (Q3): -$27.17 Mln. vs. -$23.69 Mln. last year. -EPS (Q3): -$0.71 vs. -$0.65 last year. -Revenue (Q3): $136.93 Mln vs. $141.48 Mln last year.
-Guidance: Full year EPS guidance: $2.20 to $2.40
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