ONE Gas, Inc. (NYSE:OGS) is set to announce second quarter earning results on Monday 27th July 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, OGS to report 2Q20 income of $ 0.46 per share from revenue of $ 274.48 million.
For the full year, analysts anticipate top line of $ 1561.08 million, while looking forward to income of $ 3.55 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,567.00 million ~ $ 1,567.00 million, where as bottomline are predicted in a range of $ 3.44 ~ $ 3.68 per share
Click Here For More Historical Outlooks Of ONE Gas, Inc.
Previous Quarter Performance
ONE Gas, Inc. came out with income for the first quarter of $ 1.72 per share, from the revenue of $ 528.17 million. The quarterly earnings down 2.27 percent while revenues down 12.42 percent compared with the same quarter last year.
Wall street analysts are predicting, OGS to report 1Q20 income of $ 1.78 per share from revenue of $ 604.42 million. The bottom line results missed street analysts by $ 0.06 or 3.37 percent, at the same time, top line results fell short of analysts by $ 76.25 million or 12.62 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of ONE Gas, Inc.
Stock Performance
According to the previous trading day, closing price of OGS was $ 77.25, representing a 21.33 % increase from the 52 week low of $ 63.67 and a 20.34 % decrease over the 52 week high of $ 96.97.
The company has a market capital of $ 4.08 billion and is part of the Utilities sector and Utilities – Regulated Gas industry.
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Recent Analyst recommendations
- On 17th June 2020, maintained by Morgan Stanley at Underweight rating, with $ 69.00 target price.
Recent Stock Dividend Announcement
On April 27, 2020, the board of directors authorized quarterly dividend of $ 0.54 per share to holders of record as of the close of business on May 13, 2020, with payment date of June 1, 2020 and ex-dividend date on May 12, 2020.
ONE Gas, Inc. operates as a regulated natural gas distribution utility company in the United States. The company operates in three divisions: Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service.
