National Fuel Gas (NFG) Q3 Earnings Beat Estimates

Core Insights - National Fuel Gas (NFG) reported quarterly earnings of $1.64 per share, exceeding the Zacks Consensus Estimate of $1.5 per share, and showing an increase from $0.99 per share a year ago, resulting in an earnings surprise of +9.33% [1] - The company posted revenues of $531.83 million for the quarter ended June 2025, which fell short of the Zacks Consensus Estimate by 13.82%, compared to $417.44 million in the same quarter last year [2] - National Fuel Gas shares have increased approximately 44.7% year-to-date, significantly outperforming the S&P 500's gain of 8.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.26 on revenues of $579.93 million, while for the current fiscal year, the estimate is $6.80 on revenues of $2.47 billion [7] - The estimate revisions trend for National Fuel Gas was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Oil and Gas - Integrated - United States industry, to which National Fuel Gas belongs, is currently ranked in the bottom 8% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact investor sentiment [5]