Southwest Gas Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

Southwest Gas Holdings

26/02/2025 14:32

Southwest Gas Holdings Inc SWX.N reported quarterly adjusted earnings of $1.39​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.13.  The mean expectation of six analysts for the quarter was for earnings of $1.23 per share. Wall Street expected results to range from $1.13  to $1.39 per share.

Revenue fell 7.1% to $1.27 billion from a year ago; analysts expected $1.35 billion.

Southwest Gas Holdings Inc's reported EPS for the quarter was $1.28​.

The company reported quarterly net income of $92.46 million.

Southwest Gas Holdings Inc shares had risen by 9.3% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.7% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."

The average consensus recommendation for the natural gas utilities peer group is also "buy"

Wall Street's median 12-month price target for Southwest Gas Holdings Inc is $77.00

This summary was machine generated from LSEG data February 26 at 02:32 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
1.23
1.39
Beat
Sep. 30 2024
0.15
0.09
Missed
Jun. 30 2024
0.48
0.31
Missed
Mar. 31 2024
1.42
1.37
Missed