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BG Group Q4 Headline Earnings Down 29%

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BG Group PLC (OTC: BRGYY) reported a 29% drop in its fourth-quarter headline earnings.

BG Group's quarterly net profit rose to $1.73 billion, from $1.34 billion, in the year-ago quarter. Its profit, excluding special items, came in at $1.03 billion. However, analysts expected a profit of $1.04 billion.

Its revenue dropped 7.8% to $4.84 billion, versus $5.25 billion.

BG Group shares fell 1.69% to close at $17.47 yesterday.

Posted-In: profitEarnings News


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