RGC Resources Q3 EPS flat at $0.05; nine-month net income up 5.2% to $1.37/share

RGC RESOURCES INC

Q3 earnings $559K ($0.05/diluted) vs $538K ($0.05) a year ago; operating margin up $757K on higher base rates.
Nine-month net income $14.2M ($1.37/diluted) up 5.2% from $13.5M ($1.31) on stronger margins and lower interest.
CEO cites higher base rates and SAVE investment offset by inflation and loss of an industrial customer.
Firm volumes steady; interruptible volumes increased but at lower-tiered margins.

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