HOUSTON—Southern Union Co., an interstate natural gas pipeline company, reaffirmed its full-year 2008 outlook in a range that includes Wall Street expectations.
The company said late Thursday it expects 2008 earnings per share to be in a range of $1.80 to $1.90. Analysts polled by Thomson Financial expect $1.86 per share, on average.
Also, Southern Union reported first-quarter net income rose 5.6 percent on higher revenue from the interstate natural gas pipeline company's gathering and processing segment.
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