WILLIAMSVILLE, N.Y. (AP) — WILLIAMSVILLE, N.Y. (AP) — National Fuel Gas Co. (NFG) on Wednesday reported fiscal second-quarter profit of $247.7 million.
On a per-share basis, the Williamsville, New York-based company said it had net income of $2.59. Earnings, adjusted for one-time items, came to $2.71 per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.85 per share.
The energy company posted revenue of $858.4 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $830.2 million.
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