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Investing.com - Northwest Natural Gas reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Northwest Natural Gas announced earnings per share of $-0.56 on revenue of $116.84M. Analysts polled by Investing.com EPS of $-0.71 on revenue of $102.04M.
Northwest Natural Gas 's are down 35% and is trading at $45.12 , still down 21.71% from its 52 week high of $57.63 set on Tuesday, March 8, 2022.
Northwest Natural Gas shares gained 0.40% to trade at $45.12 in intra-day trade the report.
Northwest Natural Gas follows other major Utilities sector earnings this month
Northwest Natural Gas'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, EPS of $0.79 on revenue of $5.96B.
Duke Energy had missed expectations on Friday with third quarter EPS of $1.78 on revenue of $7.97B, for EPS of $1.84 on revenue of $7,388M.
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