Northwest Natural Holding Co reports results for the quarter ended in December - Earnings Summary

Northwest Natural Holding Co

23/02/2024 14:32

* Northwest Natural Holding Co  NWN.N  reported quarterly
adjusted
earnings of $1.21​​ per share for the quarter ended in December,
lower than the same quarter last year, when the company reported
EPS of $1.36.  The mean expectation of five analysts for the
quarter was for earnings of $1.27 per share. Wall Street
expected results to range from $1.26  to $1.31 per share.
    * Revenue fell 5.2% to $355.71 million from a year ago;
analysts
expected $362.48 million. 
    * Northwest Natural Holding Co's reported EPS for the
quarter was
$1.21​.
    * The company reported quarterly net income of $44.64
million.
    * Northwest Natural Holding Co shares had risen by 2.1% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the natural gas
utilities peer group is also "buy"

Wall Street's median 12-month price target for Northwest Natural
Holding Co is $44.00 
This summary was machine generated from LSEG data February 23 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      1.27           1.21           Missed
 Sep. 30 2023      -0.66          -0.65          Beat
 Jun. 30 2023      -0.02          0.03           Beat
 Mar. 31 2023      1.90           2.01           Beat