Laclede Group Q3 Profit Rises - Quick Facts

(RTTNews) - The Laclede Group, Inc. (LG) reported that its third-quarter net income increased to $11.7 million or $0.33 per share, from $6.6 million or $0.25 per share, last year. Net economic earnings was $14.5 million or $0.44 per share, for the quarter. On average, five analysts polled by Thomson Reuters expected the company to report profit per share of $0.36 for the quarter. Analysts' estimates typically exclude special items.

Total operating revenues increased to $241.8 million from $165.3 million, a year ago. Analysts expected revenue of $310.19 million for the quarter.