
National Fuel Gas (NFG) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
National Fuel Gas (NFG) last issued guidance on July 29, 2026 for fiscal year 2026. The company guided earnings per share in the range of $7.4 - $7.6, compared to a consensus EPS estimate of $7.44.
Compared to prior guidance, National Fuel Gas lowered its EPS outlook from a previous range of $7.45 - $7.75.
National Fuel Gas has issued 18 guidance updates between November 3, 2022 and July 29, 2026. During this period, the company raised its outlook 5 times and lowered it 9 times, providing investors with insight into management's evolving expectations.
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $1.43 | $2.84 | $1.92 | $1.10 |
| Actual | $1.54 | $2.71 | $2.06 | $1.22 |
| Surprise | +7.69% | -4.58% | +7.29% | +10.9% |
| Revenue | ||||
| Estimate | $562.3M | $851.3M | $651.1M | $527.0M |
| Actual | $537.5M | $858.4M | $651.5M | $456.4M |
| Surprise | -4.42% | +0.83% | +0.07% | -13.4% |
| Metric | Q4 '26E | Q1 '27E | Q2 '27E | Q3 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $1.10 | $2.16 | $2.88 | $1.46 |
| Revenue | ||||
| Consensus | $487.1M | $825.3M | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q3 | Jul 29, 2026 | $1.54 | $1.43 | 7.69 % |
| Q2 | Apr 29, 2026 | $2.71 | $2.84 | -4.58 % |
| Q1 | Jan 28, 2026 | $2.06 | $1.92 | 7.29 % |
| Q4 | Nov 5, 2025 | $1.22 | $1.10 | 10.9 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q3 | Jul 29, 2026 | $537.50M | $562.35M | -4.42 % |
| Q2 | Apr 29, 2026 | $858.37M | $851.30M | 0.83 % |
| Q1 | Jan 28, 2026 | $651.51M | $651.08M | 0.07 % |
| Q4 | Nov 5, 2025 | $456.41M | $526.97M | -13.4 % |