Southwest Gas Holdings Inc expected to post earnings of 15 cents a share - Earnings Preview

Southwest Gas Holdings

04/11/2024 15:40

* Southwest Gas Holdings Inc  SWX.N   SWX  is expected
to show a
fall in quarterly revenue when it reports  results on November 6
for the period ending September 30 2024
    * The Las Vegas Nevada-based  company is expected to report
a
4.9% decrease in revenue to $1.112 billion from $1.17 billion a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Southwest Gas Holdings
Inc is
for earnings of 15 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"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 77.00​, above​ its last closing price of $72.05.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.48        0.48       0.31      Missed  -36
 Mar. 31 2024  1.41        1.42       1.37      Missed  -3.5
 Dec. 31 2023  1.04        1.12       1.13      Beat    1.1​
 Sep. 30 2023  0.03        -0.26      0.10      Beat    138.2
 ​​Jun.        0.36        0.20       0.47      Beat    135.5
 30 2023                                                
 Mar. 31 2023  1.27        1.42       1.69      Beat    19​
 Dec. 31 2022  1.54        1.58       1.16      Missed  -26.7
 Sep. 30 2022  0.28        0.27       -0.05     Missed  -118.6
 This summary was machine generated November 4 at 15:39 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)