National Fuel Gas (NFG) to Report Q1 Earnings: What's in Store?

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National Fuel Gas Company (NFG - Free Report) is scheduled to release first-quarter fiscal 2022 earnings on Feb 4 before the market opens.

Let’s see how things have shaped up before the upcoming earnings announcement.

Factors to Note

An improvement in commodity prices and higher production from acquired assets in the Appalachian region are likely to have boosted the performance in the first quarter of fiscal 2022. Expanding operations and growth in the interstate pipeline are likely to have generated additional revenues in the fiscal first quarter.

Expectation

The Zacks Consensus Estimate for first-quarter fiscal 2022 earnings is pegged at $1.42 per share, indicating an increase of 33.96% from the year-ago reported figure.

The Zacks Consensus Estimate for fiscal first-quarter 2022 sales is pegged at $569.37 million, indicating an increase of 29.06% from the year-ago reported figure.

What the Quantitative Model Predicts

Our proven model does not conclusively predict an earnings beat for National Fuel Gasthis time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that is not the case here as you will see below.

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