Why National Fuel Gas (NFG) is Poised to Beat Earnings Estimates Again

Core Insights - National Fuel Gas (NFG) is positioned to potentially continue its earnings-beat streak in upcoming reports, with a history of surpassing earnings estimates, particularly in the last two quarters, averaging a surprise of 7.68% [1][5] Earnings Performance - For the most recent quarter, National Fuel Gas reported earnings of $2.18 per share against an expectation of $2.39, resulting in a surprise of 9.63%. In the previous quarter, the company reported $1.66 per share compared to a consensus estimate of $1.57, achieving a surprise of 5.73% [2] Earnings Estimates and Predictions - Recent estimates for National Fuel Gas have been trending upward, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat, especially when combined with its Zacks Rank [5][8] - The current Earnings ESP for National Fuel Gas stands at +1.33%, reflecting increased analyst optimism regarding its near-term earnings potential [8] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise, suggesting that out of 10 such stocks, approximately seven may beat consensus estimates [6][10]