WASHINGTON (dpa-AFX) - Questar Corp. (STR) revealed a profit for third quarter that declined compared to the same period last year.
The company said its bottom line declined to $32.6 million, or $0.18 per share. This was down from $38.6 million, or $0.22 per share, in last year's third quarter.
Analysts had expected the company to earn $0.19 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 9.9% to $142.3 million. This was down from $157.9 million last year.
Questar Corp. earnings at a glance:
-Earnings (Q3): $32.6 Mln. vs. $38.6 Mln. last year. -Earnings Decline (Y-o-Y): -15.5% -EPS (Q3): $0.18 vs. $0.22 last year. -EPS Decline (Y-o-Y): -18.2% -Analysts Estimate: $0.19 -Revenue (Q3): $142.3 Mln vs. $157.9 Mln last year. -Revenue Change (Y-o-Y): -9.9%
-Guidance: Full year EPS guidance: $1.25 - $1.30
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