Southwest Gas Holdings, Inc. reports results for the quarter ended June 30 - Earnings Summary
Southwest Gas Holdings, Inc. reports results for the quarter ended June 30 - Earnings Summary
Southwest Gas Holdings, Inc. SWX.N reported quarterly adjusted earnings of 58 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 53 cents. The mean expectation of seven analysts for the quarter was for earnings of 45 cents per share. Wall Street expected results to range from 39 cents to 54 cents per share.
Revenue fell 68% to $358.15 million from a year ago; analysts expected $416.20 million.
Southwest Gas Holdings, Inc.'s reported EPS for the quarter was 58 cents.
The company reported quarterly net income of $42.12 million.
Southwest Gas Holdings, Inc. shares had risen by 0.4% this quarter and gained 11.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 3.9% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 9 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the natural gas utilities peer group is "buy."
Wall Street's median 12-month price target for Southwest Gas Holdings, Inc. is $98.00, about 9.1% above its last closing price of $89.05
This summary was machine generated from LSEG data August 5 at 02:26 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 |
Jun. 30 2026 | 0.45 | 0.58 | Beat |
Mar. 31 2026 | 2.10 | 1.91 | Missed |
Dec. 31 2025 | 1.34 | 1.36 | Beat |
Sep. 30 2025 | 0.05 |
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