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

Northwest Natural Holding Co

03/11/2023 13:32

* Northwest Natural Holding Co  NWN.N  reported a quarterly
adjusted loss of 65 cents​​ per share for the quarter ended in
September, lower than the same quarter last year, when the
company reported EPS of -56 cents.  The mean expectation of
five analysts for the quarter was for a loss of 66 cents per
share. Wall Street expected results to range from -70 cents
to -58 cents per share.
    * Revenue rose 21.1% to $141.48 million from a year ago;
analysts
expected $134.78 million. 
    * Northwest Natural Holding Co's reported EPS for the
quarter was
a loss of 65 cents​.
    * The company reported a quarterly loss of $23.69 million.
    * Northwest Natural Holding Co shares had risen by 1.1% this
quarter and lost 18.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

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 $48.50 
This summary was machine generated from LSEG data November 3 at
01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2022      1.33           1.36           Beat