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Southwest Gas reports Q3 ContOps EPS 6c, consensus 4c

Reports Q3 revenue $, consensus $1.11B. “Southwest Gas (SWX) Holdings delivered higher net income from continuing operations year-over-year, while completing our full separation from Centuri. With our focus now fully on our regulated natural gas business we believe we are well positioned with a strong balance sheet to address the energy needs of our growing, high-demand service territories,” said Karen Haller, President and CEO of Southwest Gas Holdings. “At Southwest Gas, we anticipate regulatory developments in the coming months that will better align investment recovery with the work we’re doing in the communities we serve. We plan to file rate cases in Arizona and Nevada early next year seeking approval for new rates along with requests for alternative forms of ratemaking. Additionally, we expect updated rates to take effect in California this upcoming January,” added Haller.

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