NW Natural Q3 profit declines, expects 2025 EPS above guidance midpoint

Northwest Natural Holding Co

05/11/2025 11:11

Overview

NW Natural Q3 2025 EPS at -$0.73, slightly worse than Q3 2024

Company expects 2025 EPS above midpoint of guidance range

Added over 95,000 utility connections, driven by SiEnergy acquisition

Outlook

NW Natural expects 2025 EPS above midpoint of $2.59 to $2.79 range

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

NW Natural anticipates 2025 capital expenditures of $450 mln to $500 mln

Result Drivers

ACQUISITION IMPACT - SiEnergy acquisition drove significant growth in utility connections, contributing to a 10.9% growth rate

RATE INCREASE - Margin increased due to new rates in Oregon, effective Nov. 1, 2024

INVESTMENTS IN INFRASTRUCTURE - Invested $333 million in gas and water systems to support growth and reliability

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
-$0.73
Q3 Net Income
-$29.89 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "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 $51.50, about 9.3% above its November 4 closing price of $46.73

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nBwbwdQWha

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(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.)