Southwest Gas Holdings Inc expected to post earnings of 20  cents a share - Earnings Preview

Southwest Gas Holdings

04/08/2023 15:29

* Southwest Gas Holdings Inc  SWX.N   SWX  is expected
to show a
fall in quarterly revenue when it reports  results on August 9. 
    * The Las Vegas Nevada-based  company is expected to report 
a
2.4% decrease in revenue to $1.119 billion from $1.15 billion a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Southwest Gas
Holdings
Inc is for earnings of 20 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"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​, below​ its last closing price of $64.67.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.27        1.42       1.69      Beat    19
 Dec. 31 2023  1.54        1.58       1.16      Missed  -26.7
 Sep. 30 2022  0.28        0.27       -0.05     Missed  -118.6
                                                        ​
 Jun. 30 2022  0.53        0.56       0.23      Missed  -58.7
 ​​Mar.        2.08        2.14       1.74      Missed  -18.6
 31 2022                                                
 Dec. 31 2021  1.56        1.57       1.15      Missed  -26.7​
 Sep. 30 2021  0.12        0.13       0.05      Missed  -62
 Jun. 30 2021  0.45        0.44       0.43      Missed  -3.3
 This summary was machine generated August 4 at 14:29 GMT.  All
figures in US dollars  unless otherwise stated