WGL Holdings Inc. Reveals 59% Gain In Q3 Earnings

(RTTNews) - WGL Holdings Inc. (WGL) reported earnings for its third quarter that increased from last year.

The company said its bottom line climbed to $17.01 million, or $0.33 per share. This was up from $10.73 million, or $0.22 per share, in last year's third quarter.

Analysts had expected the company to earn $0.14 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.1% to $440.59 million. This was down from $441.17 million last year.

WGL Holdings Inc. earnings at a glance:

-Earnings (Q3): $17.01 Mln. vs. $10.73 Mln. last year. -Earnings Growth (Y-o-Y): 58.5% -EPS (Q3): $0.33 vs. $0.22 last year. -EPS Growth (Y-o-Y): 50.0% -Analysts Estimate: $0.14 -Revenue (Q3): $440.59 Mln vs. $441.17 Mln last year. -Revenue Change (Y-o-Y): -0.1%

-Guidance: Full year EPS guidance: $3.00 - $3.20