Southwest Gas Holdings Inc reports results for the quarter ended in June - Earnings Summary

Southwest Gas Holdings

09/08/2023 15:09

* Southwest Gas Holdings Inc  SWX.N  reported quarterly
adjusted
earnings of 47 cents​​ per share for the quarter ended in June.
The mean expectation of five analysts for the quarter was
for earnings of 20 cents per share.
    * Revenue rose 12.9% to $1.29 billion from a year ago;
analysts
expected $1.12 billion. 
    * Southwest Gas Holdings Inc's reported EPS for the quarter
was 40
cents​.
    * The mean earnings estimate of analysts had risen by
about 87.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Southwest Gas Holdings Inc shares had risen by 0.3% this
quarter and gained 3.2% so far this year.
    * The company reported quarterly net income of $28.88
million.
    * Wall Street's median 12-month price target for Southwest
Gas
Holdings Inc is $64.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 02:08 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.20           0.47           Beat
 Mar. 31 2023      1.42           1.69           Beat
 Dec. 31 2022      1.58           1.16           Missed
 Sep. 30 2022      0.27           -0.05          Missed