Investing.com - RGC Resources reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
RGC Resources announced earnings per share of $-0.01 on revenue of $14.11M. Analysts polled by Investing.com anticipated EPS of $-0.08 on revenue of $11M.
RGC Resources shares are up 3% from the beginning of the year , still down 5.08% from its 52 week high of $25.00 set on Thursday, December 2, 2021.
RGC Resources follows other major Utilities sector earnings this month
RGC Resources's report follows an earnings beat by NextEra Energy on Friday, October 28, 2022, who reported EPS of $0.85 on revenue of $6.72B, compared to forecasts EPS of $0.79 on revenue of $5.96B.
Duke Energy had missed expectations on Friday, November 4, 2022 with third quarter EPS of $1.78 on revenue of $7.97B, compared to forecast for EPS of $1.84 on revenue of $7,388M.
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