The energy company reported quarterly earnings per share of $0.84, exceeding expectations by $0.06.
RGC Resources posted a GAAP earnings per share of $0.84 for the quarter, surpassing estimates by $0.06. Revenue reached $45.46 million, beating projections by $7.26 million.
Analysts had anticipated lower earnings and revenue figures, with the prior quarter serving as a benchmark. The company’s performance reflects stronger-than-expected demand and operational efficiency.
Shares showed modest movement in after-hours trading as investors digested the results.