Northwest Natural Gas Profit Drops 5% In Q4

(RTTNews) - Northwest Natural Gas (NWN) announced earnings for fourth quarter that fell compared to the same period last year.

The company said its profit declined to $28.28 million, or $1.00 per share. This was down from $29.71 million, or $1.08 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 1.2% to $233.53 million. This was up from $230.72 million last year.

Northwest Natural Gas earnings at a glance:

-Earnings (Q4): $28.28 Mln. vs. $29.71 Mln. last year. -Earnings Decline (Y-o-Y): -4.8% -EPS (Q4): $1.00 vs. $1.08 last year. -EPS Decline (Y-o-Y): -7.4% -Revenue (Q4): $233.53 Mln vs. $230.72 Mln last year. -Revenue Change (Y-o-Y): 1.2%

-Guidance: Full year EPS guidance: $2.05 - $2.25