ONE Gas (OGS) Q1 Earnings Miss Estimates, Revenues Down Y/Y
- OGS reported Q1 2024 EPS of $1.75, lower than expectations. - Revenues of $0.76 billion missed estimates due to reduced sales volume. - Natural gas volumes delivered declined by 3.5%. - Operating expenses and net interest expenses increased year over year. - OGS reaffirmed EPS guidance range of $3.70-$4.00 for 2024. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
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