Southwest Gas Holdings Inc expected to post earnings of 48 cents a share - Earnings Preview

Southwest Gas Holdings

02/08/2024 16:03

* Southwest Gas Holdings Inc  SWX.N   SWX  is expected
to show a
fall in quarterly revenue when it reports  results on August 6
for the period ending June 30 2024
    * The Las Vegas Nevada-based  company is expected to report
a
7.4% decrease in revenue to $1.197 billion from $1.29 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 48 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 $73.80. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.41        1.42       1.37      Missed  -3.5
 Dec. 31 2024  1.04        1.12       1.13      Beat    1.1
 Jan. 1 0001               -0.26      0.10      Beat    138.2​
 Jan. 1 0001               0.20       0.47      Beat    135.5
 ​​Jan.        1.27        1.42                         19
 1 0001                                                 
 Jan. 1 0001   1.54        1.58                         -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
 This summary was machine generated August 2 at 15:03 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)