Southwest Gas Holdings Inc expected to post earnings of $1.12 a share - Earnings Preview

Southwest Gas Holdings

26/02/2024 14:25

* Southwest Gas Holdings Inc  SWX.N   SWX  is expected
to show a
fall in quarterly revenue when it reports  results on February
28 for the period ending December 31 2023
    * The Las Vegas Nevada-based  company is expected to report
a
8.9% decrease in revenue to $1.295 billion from $1.42 billion a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data. (Sales basis is on total operating revenue.)
    * ​LSEG's mean analyst estimate for Southwest Gas Holdings
Inc is
for earnings of $1.12 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Southwest
Gas
Holdings Inc is $64.00​, above​ its last closing price
of $63.21. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.03        -0.26      0.10      Beat    138.2
 Jun. 30 2023  0.36        0.20       0.47      Beat    135.5
 Mar. 31 2023  1.27        1.42       1.69      Beat    19​
 Dec. 31 2022  1.54        1.58       1.16      Missed  -26.7
 ​​Sep.        0.28        0.27       -0.05     Missed  -118.6
 30 2022                                                
 Jun. 30 2022  0.53        0.56       0.23      Missed  -58.7​
 Mar. 31 2022  2.08        2.14       1.74      Missed  -18.6
 Dec. 31 2021  1.56        1.57       1.15      Missed  -26.7
 This summary was machine generated February 26 at 14:25 GMT. 
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)