This company has been acquired
The company may no longer be operating, as it has been acquired. Find out why through their latest events.
Corning Natural Gas Holding Past Performance
Past criteria checks 1/6
Key information
-2.8%
Earnings growth rate
-3.5%
EPS growth rate
| Gas Utilities Industry Growth | 6.2% |
| Revenue growth rate | 4.4% |
| Return on equity | 4.6% |
| Net Margin | 4.1% |
| Last Earnings Update | 31 Mar 2022 |
Recent past performance updates
No updates
Recent updates
Earnings and Revenue History
Quality Earnings: CNIG.O has high quality earnings.
Growing Profit Margin: CNIG.O's current net profit margins (4.1%) are lower than last year (6.8%).
Past Earnings Growth Analysis
Earnings Trend: CNIG.O's earnings have declined by 2.8% per year over the past 5 years.
Accelerating Growth: CNIG.O's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CNIG.O had negative earnings growth (-26.4%) over the past year, making it difficult to compare to the Gas Utilities industry average (4%).
Return on Equity
High ROE: CNIG.O's Return on Equity (4.6%) is considered low.