Investing.com - Northwest Natural Gas reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Northwest Natural Gas announced earnings per share of $-0.56 on revenue of $116.84M. Analysts polled by Investing.com anticipated EPS of $-0.71 on revenue of $102.04M.
Northwest Natural Gas shares are down 35% from the beginning of the year and are trading at $45.12 , down-from-52-week-high.
Northwest Natural Gas shares gained 0.40% in intra-day trade after the report.
Northwest Natural Gas follows other major Utilities sector earnings this month
Northwest Natural Gas's report follows an earnings beat by NextEra Energy on Friday, October 28, 2022, who reported EPS of $0.85 on revenue of $6.72B, compared to forecasts EPS of $0.79 on revenue of $5.96B.
Duke Energy had missed expectations on Friday with third quarter EPS of $1.78 on revenue of $7.97B, compared to forecast for EPS of $1.84 on revenue of $7,388M.
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