TULSA, Okla. (AP) — TULSA, Okla. (AP) — ONE Gas Inc. (OGS) on Monday reported first-quarter net income of $99.3 million.
The Tulsa, Oklahoma-based company said it had profit of $1.75 per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.78 per share.
The natural gas distribution posted revenue of $758.3 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $1.02 billion.
ONE Gas expects full-year earnings to be $3.70 to $4 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OGS at https://www.zacks.com/ap/OGS
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