National Fuel Gas (NFG) Beats Q2 Earnings Estimates

Core Insights - National Fuel Gas (NFG) reported quarterly earnings of $2.39 per share, exceeding the Zacks Consensus Estimate of $2.18 per share, and showing an increase from $1.79 per share a year ago, resulting in an earnings surprise of 9.63% [1] - The company posted revenues of $729.95 million for the quarter ended March 2025, which fell short of the Zacks Consensus Estimate by 6.79%, compared to $629.94 million in the same quarter last year [2] - NFG shares have increased approximately 28% since the beginning of the year, contrasting with a decline of 5.5% in the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.77, with expected revenues of $639.45 million, and for the current fiscal year, the EPS estimate is $6.97 on revenues of $2.56 billion [7] - The estimate revisions trend for NFG is favorable, leading to a Zacks Rank 1 (Strong Buy) for the stock, indicating expectations of outperformance in the near future [6] Industry Context - The Oil and Gas - Integrated - United States industry is currently ranked in the top 36% of over 250 Zacks industries, suggesting that companies in the top 50% outperform those in the bottom 50% by more than a factor of 2 to 1 [8]