Bridge over ocean
1 May 1966 Financial Analysts Journal Volume 22, Issue 3

Earnings Outlook—Electric and Gas Utilities

  1. P.P. Stathas

This article projects the average earnings per share growth rates of the major segments of the utility industry over the next several years. It arrives at the conclusion that, apart from the effect of possible Federal tax changes, the growth rate is likely to be about 3 per cent for the pipelines, 4 per cent for the gas distribution companies, and 6 to 7 per cent for the electric utilities. It cautions, however, that these are average figures, and the records of individual companies will depart widely from the averages.

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