NW Natural's Q2 net loss narrows, reaffirms 2025 adjusted EPS forecast

Northwest Natural Holding Co

05/08/2025 11:19

Overview

NW Natural Q2 2025 net loss narrows to $0.06/share from $0.07/share in 2024

Adjusted net income for Q2 rises to $0.01/share, up from a loss last year

Co reaffirms 2025 adjusted EPS guidance of $2.75 to $2.95

Outlook

NW Natural Holdings updates 2025 GAAP EPS guidance to $2.60-$2.80

Company reaffirms adjusted EPS guidance of $2.75-$2.95 for 2025

NW Natural Holdings expects 2025 capital expenditures of $450-$500 mln

Company reaffirms long-term EPS growth rate of 4%-6% annually

Result Drivers

NEW RATES - Net income increase driven by new rates in Oregon, contributing $4.5 mln to NWN Gas Utility

ACQUISITIONS - SiEnergy and Pines acquisitions added over 92,000 utility connections, boosting growth

WATER REVENUES - NWN Water saw increased revenues due to new rates in Arizona and recent acquisitions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Operating Revenue
$236.19 mln
Q2 EPS
$0.04
Q2 Net Income
$1.53 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the natural gas utilities peer group is "buy"

Wall Street's median 12-month price target for Northwest Natural Holding Co is $49.50, about 18.8% above its August 4 closing price of $40.20

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nBw60HvFa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)