ONE Gas: Q1 Earnings Snapshot
By AP News
Published - May 01, 2023, 05:03 PM ET
Last Updated - Jun 22, 2023, 12:20 AM EDT
TULSA, Okla. (AP) — TULSA, Okla. (AP) — ONE Gas Inc. (OGS) on Monday reported first-quarter earnings of $102.6 million.
On a per-share basis, the Tulsa, Oklahoma-based company said it had profit of $1.84.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.85 per share.
The natural gas distribution posted revenue of $1.03 billion in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $836.6 million.