Southwest Gas Holdings (SWX) Stock

Southwest Gas Holdings, Inc. (NYSE:SWX) will hold its Q3 2024 Earnings Conference Call on November 6, 2024, at 11:00 AM ET. The call will feature company representatives including Justin Forsberg, Karen Haller, Rob Stefani, and Justin Brown. Participants from the financial sector, such as Richard Sunderland from J.P. Morgan and Ryan Levine from Citi, will also join the discussion.

Southwest Gas Holdings, Inc. announced a strong performance in utility earnings, showing a 9% growth in earnings year-to-date compared to last year. For the third quarter of 2024, the company reported a consolidated net income of $0.3 million, or less than one cent per diluted share, while adjusted net income was $6.8 million, or $0.09 per diluted share. In comparison, the third quarter of 2023 had a consolidated net income of $3.2 million, or $0.04 per diluted share, and adjusted net income of $12.6 million, or $0.17 per diluted share.

SWX's earnings for the third quarter were better than expected, even though their revenues decreased by 7.7% compared to last year. Nevertheless, their long-term investment plan is helping to improve earnings.

Southwest Gas Holdings, Inc. will conduct its third quarter earnings conference call and webcast on November 6, 2024, at 11:00 AM ET. This follows a news release that will be published before the markets open that day. The call will be available to watch live on the Company's website at www.swgasholdings.com.

Southwest Gas (SWX) shared its earnings report 30 days ago. What can we expect for the stock moving forward?

Southwest Gas is still gaining advantages from smart investments aimed at enhancing its infrastructure. Additionally, its varied and expanding customer base contributes to its success.

Elliott Investment Management L.P. emphasizes the need for a complete solution at Southwest Airlines and urges the board to prioritize the company's interests over the personal interests of its leaders. The full letter can be found at StrongerSouthwest.com. This announcement was made in West Palm Beach, Florida, on August 26, 2024.

Southwest Gas (SWX) reported second-quarter earnings and revenues that fell short of expectations. At the same time, expenses related to utility infrastructure services decreased during that period.

Southwest Gas (SWX) reported quarterly earnings of $0.31 per share, which is lower than the Zacks Consensus Estimate of $0.43 per share. This is a decrease compared to earnings of $0.47 per share from the same period last year.