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

• 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)