Consolidated Edison IncED
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One Gas IncOGS
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Q2 earnings beat and raised FY guidance
ONE Gas Q2 Earnings Surpass Estimates on Higher Rates
Earnings
ONE Gas reported second-quarter 2026 adjusted earnings of 82 cents per share, beating the Zacks Consensus Estimate of 65 cents by 26.15% and surging 51.9% from 54 cents a year ago, aided by higher revenues from new rates and lower net interest expense. Revenues of $411.64 million missed the consensus of $440 million and declined 2.9% from $423.74 million in the prior-year quarter. The company raised its full-year 2026 adjusted earnings guidance to a range of $4.83 to $4.95 per share, with the Zacks Consensus Estimate of $4.88 near the midpoint. Texas Gas Service received approval for a $36.9 million revenue increase under its Gas Reliability Infrastructure Program, effective July 2026.
One Gas IncQ2 earnings beat and raised FY guidance