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Public signal · 1-minute delayed
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What happened, with direct paths to the underlying reporting
- NFG reported adjusted operating earnings of $1.79 per share, exceeding estimates by 26.9%. - Total revenues were $629.9 million, missing estimates by 7.2% and declining by 12.2%. - The company lowered its fiscal 2024 earnings projection and capital expenditure guidance. - Interest expenses increased to $28.5 million, up 3.3% from the prior year. - The Exploration & Production segment saw a 10% increase in natural gas production. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- NFG reported adjusted operating earnings of $1.79 per share, exceeding estimates by 26.9%.
- Total revenues were $629.9 million, missing estimates by 7.2% and declining by 12.2%.
- The company lowered its fiscal 2024 earnings projection and capital expenditure guidance.
- Interest expenses increased to $28.5 million, up 3.3% from the prior year.
- The Exploration & Production segment saw a 10% increase in natural gas production.
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