2 Stocks in the Trading Spotlight Post Earnings
Piedmont Natural Gas Co. Inc. (NYSE:PNY) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 12.38% to $1.18 in the quarter versus EPS of $1.05 in the year-earlier quarter. Revenue Rose 9.34% to $515.9 million from the year-earlier quarter.
Piedmont Natural Gas Co. Inc. reported adjusted EPS income of $1.18 per share. By that measure, the company beat the mean analyst estimate of $1.16. It beat the average revenue estimate of $491.42 million.