Northwest Natural Holding Co reports results for the quarter ended March 31 - Earnings Summary

• Northwest Natural Holding Co NWN.N reported quarterly adjusted earnings of $2.18​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.69. The mean expectation of six analysts for the quarter was for earnings of $1.96 per share. Wall Street expected results to range from $1.57 to $2.22 per share.

• Revenue rose 14% to $494.28 million from a year ago; analysts expected $475.98 million.

• Northwest Natural Holding Co's reported EPS for the quarter was $2.18​.

• The company reported quarterly net income of $87.92 million.

• Northwest Natural Holding Co shares had risen by 1.9% this quarter and gained 10.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.2% 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 "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "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 Northwest Natural Holding Co is $45.00

This summary was machine generated from LSEG data May 6 at 01:32 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)