This company has been acquired
Corning Natural Gas Holding Past Earnings Performance
Past criteria checks 1/6
Key information
-2.8%
Earnings growth rate
-3.5%
EPS growth rate
Gas Utilities Industry Growth | 10.0% |
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
Revenue & Expenses BreakdownBeta
How Corning Natural Gas Holding makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Mar 22 | 41 | 2 | 0 | 0 |
31 Dec 21 | 37 | 2 | 0 | 0 |
30 Sep 21 | 35 | 1 | 0 | 0 |
30 Jun 21 | 34 | 2 | 0 | 0 |
31 Mar 21 | 34 | 2 | 0 | 0 |
31 Dec 20 | 33 | 3 | 0 | 0 |
30 Sep 20 | 32 | 3 | 0 | 0 |
30 Jun 20 | 33 | 3 | 0 | 0 |
31 Mar 20 | 32 | 3 | 0 | 0 |
31 Dec 19 | 34 | 3 | 0 | 0 |
30 Sep 19 | 36 | 3 | 0 | 0 |
30 Jun 19 | 36 | 3 | 0 | 0 |
31 Mar 19 | 37 | 3 | 0 | 0 |
31 Dec 18 | 36 | 2 | 0 | 0 |
30 Sep 18 | 34 | 2 | 0 | 0 |
30 Jun 18 | 34 | 2 | 0 | 0 |
31 Mar 18 | 33 | 2 | 0 | 0 |
31 Dec 17 | 31 | 2 | 0 | 0 |
30 Sep 17 | 30 | 2 | 0 | 0 |
30 Jun 17 | 28 | 3 | 0 | 0 |
31 Mar 17 | 25 | 3 | 0 | 0 |
31 Dec 16 | 22 | 3 | 0 | 0 |
30 Sep 16 | 20 | 3 | 0 | 0 |
30 Jun 16 | 19 | 2 | 0 | 0 |
31 Mar 16 | 20 | 2 | 0 | 0 |
31 Dec 15 | 21 | 2 | 0 | 0 |
30 Sep 15 | 23 | 2 | 0 | 0 |
Quality Earnings: CNIG.P has high quality earnings.
Growing Profit Margin: CNIG.P's current net profit margins (4.1%) are lower than last year (6.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CNIG.P's earnings have declined by 2.8% per year over the past 5 years.
Accelerating Growth: CNIG.P'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.P 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.P's Return on Equity (4.6%) is considered low.