National Fuel Gas's Earnings Outlook

National Fuel Gas (NYSE:NFG) is set to give its latest quarterly earnings report on Wednesday, 2024-11-06. Here's what investors need to know before the announcement.

Analysts estimate that National Fuel Gas will report an earnings per share (EPS) of $0.84.

Anticipation surrounds National Fuel Gas's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Past Earnings Performance

Last quarter the company beat EPS by $0.03, which was followed by a 1.02% increase in the share price the next day.

Here's a look at National Fuel Gas's past performance and the resulting price change:

Quarter

Q3 2024

Q2 2024

Q1 2024

Q4 2023

EPS Estimate

0.96

1.54

1.33

0.85

EPS Actual

0.99

1.79

1.46

0.78

Price Change %

1.0%

3.0%

6.0%

3.0%

National Fuel Gas Share Price Analysis

Shares of National Fuel Gas were trading at $59.8 as of November 04. Over the last 52-week period, shares are up 18.92%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Insights on National Fuel Gas

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding National Fuel Gas.

The consensus rating for National Fuel Gas is Neutral, based on 2 analyst ratings. With an average one-year ...