Southwest Gas gains on Q4 profit beat

Southwest Gas Holdings

28/02/2024 18:36

** Shares of U.S. gas utility Southwest Gas Holdings  SWX.N 
up 5.5% at $66, hit highest in six months earlier in the session
    ** Co posts Q4 profit of $1.13/shr, beating analysts' avg
est of $1.12/shr - LSEG data
    ** Co's quarterly rev of $1.37 bln beats est of $1.30 bln
    ** Centuri business separation plan still on track - co
    ** Firm had previously announced in December its intention
to separate its utility infrastructure services business Centuri
via initial public offering
    ** SWX stock has risen 4.3% so far this year

 (Reporting by Kabir Dweit)
 ((Kabir.Dweit@thomsonreuters.com;))