Laclede Group Q3 Profit Decreases - Quick Facts

(RTTNews) - The Laclede Group, Inc. (LG) reported that its third-quarter net income decreased to $6.59 million or $0.25 per share, compared to $8.43 million or $0.38 per share, last year. Net economic earnings was $8.2 million, or $0.36 per share for the quarter.

On average, five analysts polled by Thomson Reuters expected the company to report profit per share of $0.20 for the quarter. Analysts' estimates typically exclude special items. Total operating revenues decreased to $165.29 million, from $186.85 million last year. Analysts expected revenue of $228.86 million for the quarter.