ONE Gas Inc reports results for the quarter ended March 31 - Earnings Summary

• ONE Gas Inc OGS.N reported quarterly adjusted earnings of $1.98​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.75. The mean expectation of seven analysts for the quarter was for earnings of $1.85 per share. Wall Street expected results to range from $1.81 to $1.91 per share.

• Revenue rose 23.3% to $935.19 million from a year ago; analysts expected $934.55 million.

• ONE Gas Inc's reported EPS for the quarter was $1.98​.

• The company reported quarterly net income of $119.42 million.

• ONE Gas Inc shares had risen by 3.8% this quarter and gained 13.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the natural gas utilities peer group is also "hold"

• Wall Street's median 12-month price target for ONE Gas Inc is $74.00

This summary was machine generated from LSEG data May 5 at 10:18 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)