| Piedmont Natural Gas misses 1Q profit forecasts | |
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CHARLOTTE, N.C. (AP) _ Piedmont Natural Gas Co. (PNY) on Friday reported fiscal first-quarter net income of $93 million.
The Charlotte, North Carolina-based company said it had net income of $1.18 per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.
The energy services company posted revenue of $607.3 million in the period.
Piedmont Natural Gas expects full-year earnings to be $1.82 to $1.92 per share.
Piedmont Natural Gas shares have fallen roughly 8 percent since the beginning of the year. The stock has increased slightly more than 6 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PNY at http://www.zacks.com/ap/PNY
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Keywords: Piedmont Natural Gas, Earnings Report
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Piedmont Natural Gas
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CODE : PNY |
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ISIN : US7201861058 |
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Piedmont est une société basée aux Etats-Unis D'Amerique. Piedmont est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 55,2 milliards US$ (48,9 milliards €). La valeur de son action a atteint son plus bas niveau récent le 06 octobre 1995 à 10,00 US$, et son plus haut niveau récent le 13 mai 2016 à 59,95 US$. Piedmont possède 921 580 032 actions en circulation. |