OGS Earnings Prediction
The chart below shows how OGS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, OGS sees a +1.42% change in stock price 10 days leading up to the earnings, and a +1.05% change 10 days following the report. On the earnings day itself, the stock moves by -0.56%. This data can give you a slight idea of what to expect for the next quarter's release.
OGS Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
340.40M
1.36%
-3.88%
Gross Margin
61.29%
4.75%
3.55%
Operating Margin
17.46%
2.52%
-10.92%
Net Margin
5.66%
-24.53%
-26.40%
EPS
0.34
-24.44%
-29.17%
No Data Available
OGS Earnings Analysis
ONE GAS, INC. Corporation (OGS.N) Earnings Conference Call
Positive
EPS Guidance Increase: 1. Increased EPS Guidance: ONE Gas raised its diluted EPS guidance midpoint by $0.05, now expecting it to be in the range of $3.85 to $3.95 for 2024.
Regulatory Revenue Increases: 2. Constructive Regulatory Outcomes: The company achieved a net increase of $35 million from the Kansas rate case and a $19.3 million increase from the Central Gulf rate case in Texas, enhancing revenue streams.
Cost Control Success: 3. Effective Cost Management: Operating and maintenance (O&M) expenses increased only 5% year-to-date, demonstrating effective cost management strategies that exceeded initial expectations.
Financial Stability Indicator: 4. Strong Balance Sheet: The adjusted cash flow from operations to debt ratio is projected to end the year above 19%, indicating a robust financial position.
Stable Dividend Declaration: 5. Consistent Dividend: The Board of Directors declared a dividend of $0.66 per share, maintaining the same level as the previous quarter, reflecting financial stability and commitment to returning value to shareholders.
Negative
Net Income Decline: 1. Decline in Net Income: Net income for Q3 2024 was $19.3 million, a decrease of 23.3% from $25.2 million in Q3 2023.
Rising Interest Expenses: 2. Increased Interest Expense: Interest expense rose by $11.5 million compared to the previous year, primarily due to refinancing impacts.
Operating Expenses Increase: 3. Higher Operating Expenses: Operations and maintenance expenses increased by 5% year-to-date compared to 2023, consistent with long-term guidance but indicating ongoing cost pressures.
Unchanged Dividend Declaration: 4. Stagnant Dividend: The dividend declared remained unchanged at $0.66 per share, indicating no growth in shareholder returns despite operational efforts.
Regulatory Risk Factors: 5. Regulatory Uncertainty: The Kansas rate case settlement was a black box agreement, lacking clarity on return on equity and capital structure, which may pose future financial risks.
OGS FAQs
How does OGS typically perform around its earnings report dates?
Is ONE Gas, Inc. (OGS) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
OGS Earning Call Sentiment
ONE Gas, Inc. (OGS) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
OGS.N
1.16%Positive
The earnings call reveals mixed signals. Financial performance is weak with decreased net income and EPS, but the company maintains strong balance sheet metrics and consistent capital expenditure plans. The Q&A section indicates a cautious but stable outlook, with some positive signs in market thawing. Regulatory and operational risks are present, but manageable. The unchanged dividend suggests stable shareholder returns. Considering the market cap, the stock price is likely to remain stable, resulting in a neutral sentiment.
