ONE Gas (OGS) Beats on Q2 Earnings, Raises 2019 Guidance

ATO MDU NFG OGS

ONE Gas, Inc. (OGS - Free Report) recorded second-quarter 2019 operating earnings of 46 cents per share, beating the Zacks Consensus Estimate of 41 cents by 12.2%.

Moreover, the reported earnings improved 17.9% year over year driven by new rates, and marginally lower operation and maintenance expenses.

Total Revenues

The company reported total revenues of $290.6 million in the second quarter, lagging the Zacks Consensus Estimate of $294 million by nearly 1.15% and declining from the prior-year figure of $292.5 million by 0.7%.

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