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.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SWX:
- SWX Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Skyworks upgraded, UnitedHealth downgraded: Wall Street’s top analyst calls
- Southwest Gas initiated with an Outperform at Mizuho
- Southwest Gas Updates Cooperation Agreement with Icahn
- Southwest Gas Completes Sale of Centuri Holdings Shares