Northwest Natural Holding Co reports results for the quarter ended June 30 - Earnings Summary

• Northwest Natural Holding Co NWN.N reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of five analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -40 cents to 2 cents per share.

• Revenue rose 11.6% to $236.19 million from a year ago; analysts expected $252.69 million.

• Northwest Natural Holding Co's reported EPS for the quarter was a loss of 6 cents​.

• The company reported a quarterly loss of $2.5 million.

• Northwest Natural Holding Co shares had risen by 1.2% this quarter and gained 1.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6.7% 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," 2 "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 $49.50, about 18.8% above its last closing price of $40.20

This summary was machine generated from LSEG data August 5 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)