03.08.2016 22:57:58
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Questar Corp. Q2 Income Declines 13%
(RTTNews) - Questar Corp. (STR) released earnings for second quarter that decreased from last year.
The company said its earnings dropped to $35.4 million, or $0.20 per share. This was lower than $40.6 million, or $0.23 per share, in last year's second quarter.
Analysts had expected the company to earn $0.22 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 12.6% to $174.1 million. This was down from $199.3 million last year.
Questar Corp. earnings at a glance:
-Earnings (Q2): $35.4 Mln. vs. $40.6 Mln. last year. -Earnings Decline (Y-o-Y): -12.8% -EPS (Q2): $0.20 vs. $0.23 last year. -EPS Decline (Y-o-Y): -13.0% -Analysts Estimate: $0.22 -Revenue (Q2): $174.1 Mln vs. $199.3 Mln last year. -Revenue Change (Y-o-Y): -12.6%
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