Picture of Southwest Gas Holdings logo

SWX — Southwest Gas Holdings News Story

0.000.00%
us flag iconLast trade - 00:00
UtilitiesConservativeLarge CapSuper Stock

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

Southwest Gas Holdings Inc SWX.N reported quarterly adjusted earnings of $1.65​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.37.  The mean expectation of six analysts for the quarter was for earnings of $1.50 per share. Wall Street expected results to range from $1.19  to $1.66 per share.

Revenue fell 18% to $1.30 billion from a year ago; analysts expected $1.50 billion.

Southwest Gas Holdings Inc's reported EPS for the quarter was $1.58​.

The company reported quarterly net income of $113.87 million.

Southwest Gas Holdings Inc shares had risen by 5.4% this quarter and gained 7.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 8.5% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

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 $79.50

This summary was machine generated from LSEG data May 12 at 01:31 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20251.501.65Beat
Dec. 31 20241.231.39Beat
Sep. 30 20240.150.09Missed
Jun. 30 20240.480.31Missed

Recent news on Southwest Gas Holdings

See all news