WGL Holdings Posts Q3 Loss - Quick Facts

(RTTNews) - WGL Holdings Inc. (WGL) Wednesday reported third-quarter loss of $10.0 million or $0.19 per share, compared to a profit of $7.5 million or $0.14 per share in the same period last year.

Operating loss for the quarter was $1.6 million or $0.03 per share. On average, eight analysts polled by Thomson Reuters expected the company to report a loss of $0.09 per share for the quarter. Analysts' estimates typically exclude special items.

Operating revenues increased to $478.12 million from $438.33 million last year. Analysts expected revenues of $451.44 million.

Looking ahead, the company has affirmed its adjusted earnings outlook range of $2.42 to $2.54 per share. Earnings is currently projected in a range of $2.16 to $2.28 per share, down from its prior guidance range of $2.30 to $2.42 per share. Analysts currently expect full-year earnings of $2.50 per share.