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ONE Gas (OGS) Surpasses Q1 Earnings and Revenue Estimates
OGSONE Gas(OGS) ZACKS·2025-05-05 22:51

Group 1: Earnings Performance - ONE Gas reported quarterly earnings of 1.98pershare,exceedingtheZacksConsensusEstimateof1.98 per share, exceeding the Zacks Consensus Estimate of 1.85 per share, and up from 1.75pershareayearago,representinganearningssurpriseof7.031.75 per share a year ago, representing an earnings surprise of 7.03% [1] - The company posted revenues of 935.19 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 16.38%, compared to year-ago revenues of 758.32million[2]Group2:StockPerformanceandOutlookONEGasshareshaveincreasedbyapproximately13.3758.32 million [2] Group 2: Stock Performance and Outlook - ONE Gas shares have increased by approximately 13.3% since the beginning of the year, while the S&P 500 has declined by 3.3% [3] - The current consensus EPS estimate for the upcoming quarter is 0.55 on revenues of 407.66million,andforthecurrentfiscalyear,itis407.66 million, and for the current fiscal year, it is 4.26 on revenues of 2.34billion[7]Group3:IndustryContextTheUtilityGasDistributionindustryiscurrentlyrankedinthetop122.34 billion [7] Group 3: Industry Context - The Utility - Gas Distribution industry is currently ranked in the top 12% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Another company in the same industry, Northwest Natural, is expected to report quarterly earnings of 2.09 per share, reflecting a year-over-year change of +23.7%, with revenues anticipated to be $478.17 million, up 10.3% from the previous year [9][10]