AGL Resources, Inc. Q1 Profit Drops 6%

(RTTNews) - AGL Resources, Inc. (AGL) released earnings for first quarter that dropped compared to the same period last year.

The company said its profit came in at $182 million, or $1.51 per share. This was down from $193 million, or $1.62 per share, in last year's first quarter.

The company said revenue for the quarter fell 22.7% to $1.33 billion. This was down from $1.72 billion last year.

AGL Resources, Inc. earnings at a glance:

-Earnings (Q1): $182 Mln. vs. $193 Mln. last year. -Earnings Decline (Y-o-Y): -5.7% -EPS (Q1): $1.51 vs. $1.62 last year. -EPS Decline (Y-o-Y): -6.8% -Revenue (Q1): $1.33 Bln vs. $1.72 Bln last year. -Revenue Change (Y-o-Y): -22.7%