Piedmont Natural Gas (NYSE: PNY ) reported earnings on June 7. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended April 30 (Q2), Piedmont Natural Gas crushed expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly. GAAP earnings per share grew.
Margins contracted across the board.
Revenue details
Piedmont Natural Gas notched revenue of $399.4 million. The four analysts polled by S&P Capital IQ looked for revenue of $328.9 million on the same basis. GAAP reported sales were 29% higher than the prior-year quarter's $308.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
EPS came in at $0.74. The seven earnings estimates compiled by S&P Capital IQ predicted $0.73 per share. GAAP EPS of $0.74 for Q2 were 5.7% higher than the prior-year quarter's $0.70 per share.
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Emmis Communications Corporation, a diversified media company, engages in radio broadcasting and magazine publishing operations primarily in the United States. It also owns and operates national radio networks in Slovakia and Bulgaria. The company publishes various city and regional magazines, which include Texas Monthly, Los Angeles, Atlanta, Indianapolis Monthly, Cincinnati, Orange Coast, Country Sampler, and related magazines. In addition, it is involved in various businesses, such as Website design and development, digital sales consulting, and operating a news information radio network in Indiana. Further, the company leases its studio and office space. As of April 26, 2012, it owned 18 FM and 2 AM radio stations in New York, Los Angeles, St. Louis, Austin, Indianapolis, and Terre Haute. Emmis Communications Corporation was founded in 1981 and is based in Indianapolis, Indiana.
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Thursday
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