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ONE Gas Inc (OGS)
:OGS
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Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
1.33Last Year’s EPS
1.27Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 29, 2018
|% Change Since: 4.87%
|Next Earnings Date:Jul 30, 2018
Earnings Call Sentiment|Positive
The earnings call reflected a generally positive outlook with increased EPS guidance, constructive regulatory outcomes, and effective cost management. However, there were some concerns with decreased net income and increased interest expense.Company Guidance
During the ONE Gas Q3 2024 earnings call, guidance was updated to reflect an improved financial outlook, with EPS expectations raised to a range of $3.85 to $3.95, a $0.05 increase at the midpoint compared to the original guidance. The company plans to maintain capital expenditures at $750 million for the year. Contributing to the positive guidance revision were factors such as a favorable interest rate environment following a 50 basis point Fed rate cut, effective management of operations and maintenance expenses, and successful regulatory outcomes, including the Kansas rate case settlement and the Central Gulf rate case in Texas. Additionally, ONE Gas reported Q3 net income of $19.3 million or $0.34 per diluted share, which included $17.5 million in revenue from new rates offset by an increase in interest expenses. The board declared a quarterly dividend of $0.66 per share, maintaining a strong balance sheet with a projected adjusted CFO to debt ratio above 19% by year-end.Increased EPS Guidance
Raised EPS guidance to $3.85-$3.95, $0.05 higher at the midpoint than original guidance, due to improved interest rate environment and regulatory outcomes.
Positive Regulatory Settlements
Constructive regulatory outcomes in Kansas and Texas with settlements allowing recoup of investments and fair return on equity.
Effective Cost Management
O&M expenses increased only 5% year-to-date, reflecting effective cost management and efficiency initiatives.
Strong Balance Sheet
Adjusted CFO to debt ratio projected above 19%, maintaining strong credit ratings.
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OGS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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OGS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 04, 2024 | $69.37 | $69.92 | +0.79% |
| Aug 05, 2024 | $65.38 | $64.91 | -0.72% |
| May 06, 2024 | $63.25 | $62.99 | -0.41% |
| Feb 21, 2024 | $58.04 | $58.94 | +1.55% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does ONE Gas Inc (OGS) report earnings?
ONE Gas Inc (OGS) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is ONE Gas Inc (OGS) earnings time?
ONE Gas Inc (OGS) earnings time is at Feb 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OGS EPS forecast?
OGS EPS forecast for the fiscal quarter 2024 (Q4) is 1.33.
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