
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 November 4, 2026 for fiscal year 2027. The company guided earnings per share in the range of $6 - $6.4, compared to a consensus EPS estimate of $7.47.
Compared to prior guidance, National Fuel Gas lowered its EPS outlook from a previous range of $7.4 - $7.6.
National Fuel Gas has issued 18 guidance updates between February 2, 2023 and November 4, 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 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $1.06 | $1.43 | $2.84 | $1.92 |
| Actual | $1.22 | $1.54 | $2.71 | $2.06 |
| Surprise | +15.1% | +7.69% | -4.58% | +7.29% |
| Revenue | ||||
| Estimate | $485.1M | $562.3M | $851.3M | $651.1M |
| Actual | $467.8M | $537.5M | $858.4M | $651.5M |
| Surprise | -3.56% | -4.42% | +0.83% | +0.07% |
| Metric | Q1 '27E | Q2 '27E | Q3 '27E | Q4 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $2.14 | $2.73 | $1.44 | $1.14 |
| Revenue | ||||
| Consensus | $836.4M | $1.04B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q4 | Nov 4, 2026 | $1.22 | $1.06 | 15.1 % |
| 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 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q4 | Nov 4, 2026 | $467.85M | $485.13M | -3.56 % |
| 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 % |