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

Southwest Gas Holdings

09/05/2023 14:32

* Southwest Gas Holdings Inc  SWX.N  reported quarterly
adjusted
earnings of 67 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of $1.42 per share.
    * Revenue fell 27.8% to $914.88 million from a year ago;
analysts
expected $1.34 billion. 
    * Southwest Gas Holdings Inc's reported EPS for the quarter
was 67
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.3%
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 fallen by 10.1% this
quarter and lost 9.3% so far this year.
    * The company reported quarterly net income of $45.91
million.
    * Wall Street's median 12-month price target for Southwest
Gas
Holdings Inc is $64.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.42           0.67           Missed
 Dec. 31 2022      1.58           1.16           Missed
 Sep. 30 2022      0.27           -0.05          Missed
 Jun. 30 2022      0.56           0.23           Missed