Rgc resources, inc. reports first quarter earnings

Roanoke, va., feb. 07, 2022 (globe newswire) -- rgc resources, inc. (nasdaq: rgco) announced consolidated company earnings of $3,584,529 or $0.43 per diluted share for the quarter ended december 31, 2021. this compares to consolidated earnings of $4,723,263 or $0.58 per diluted share for the quarter ended december 31, 2020. ceo paul nester stated, “the reduction in consolidated earnings is primarily due to a $1.3 million decline in non-cash equity earnings. roanoke gas continued to show improved margins associated with customer growth and infrastructure replacement programs.”
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