The earnings call highlighted strong earnings growth, significant utility customer growth, successful settlement in the Oregon rate case, and robust performance in the renewables segment. However, higher expenses and interest costs were noted as challenges. The positive developments and growth projections suggest a favorable outlook.

Company Guidance -

Q3 2025

During the Northwest Natural Holdings Company Second Quarter 2025 Earnings Call, the company reaffirmed its annual 2025 adjusted earnings guidance, projecting earnings per share (EPS) between $2.75 and $2.95. The company reported a strong first half of 2025, with adjusted net income of $2.28 per share compared to $1.60 per share in the same period of 2024, driven by a 10.6% growth in utility customers, particularly in the gas utilities in Texas. The Oregon general rate case settlement included a revenue requirement increase of $21.3 million and an ROE adjustment to 9.5%. SiEnergy, a Texas-based utility, added approximately 83,000 customers and has a large backlog of 217,000 future meters. Northwest Natural Water saw a 5.8% customer base growth. Capital expenditures for 2025 are expected to range from $450 million to $500 million, with no significant debt maturities anticipated. The company maintains a long-term EPS growth rate expectation of 4% to 6%.

Strong Earnings Growth

Reported adjusted net income of $2.28 per share for the first six months of 2025, compared to $1.60 per share for the same period last year.

Significant Utility Customer Growth

Combined utility customer growth rate was 10.6% for the 12 months ended June 30, 2025, driven by gas utilities in Texas.

Successful Settlement in Oregon Rate Case

Settlement resolving Northwest Natural's revenue requirement components resulted in a $21.3 million revenue requirement increase.

SiEnergy Growth and Expansion

SiEnergy posted a sizable increase in customer backlog with signed contracts for over 217,000 future meters, and integration of Pines Holdings added approximately 7,000 connections.

Renewables Segment Performance

Renewable natural gas projects met production expectations, providing solid earnings and cash flows with no meaningful exposure to RIN or LCFS markets.

Northwest Gas (NWN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

NWN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	-0.81 / -	-0.71	―	―	―
Aug 05, 2025	2025 (Q2)	-0.13 / 0.01	-0.07	114.29% (+0.08)
May 06, 2025	2025 (Q1)	2.01 / 2.28	1.69	34.91% (+0.59)	―
Feb 28, 2025	2024 (Q4)	1.42 / 1.41	1.21	16.53% (+0.20)	―
Nov 12, 2024	2024 (Q3)	-0.78 / -0.71	-0.65	-9.23% (-0.06)	―
Aug 02, 2024	2024 (Q2)	-0.13 / -0.07	0.03	-333.33% (-0.10)	―
May 06, 2024	2024 (Q1)	1.77 / 1.69	2.01	-15.92% (-0.32)	―
Feb 23, 2024	2023 (Q4)	1.28 / 1.21	1.36	-11.03% (-0.15)	―
Nov 03, 2023	2023 (Q3)	-0.67 / -0.65	-0.56	-16.07% (-0.09)	―
Aug 03, 2023	2023 (Q2)	0.03 / 0.03	0.05	-40.00% (-0.02)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

NWN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$40.20	$39.48	-1.79%
May 06, 2025	$43.02	$43.10	+0.19%
Feb 28, 2025	$40.19	$39.93	-0.65%
Nov 12, 2024	$39.99	$40.18	+0.48%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Northwest Natural Gas (NWN) report earnings?

Northwest Natural Gas (NWN) is schdueled to report earning on Nov 05, 2025, TBA (Confirmed).

What is Northwest Natural Gas (NWN) earnings time?

Northwest Natural Gas (NWN) earnings time is at Nov 05, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is NWN EPS forecast?

NWN EPS forecast for the fiscal quarter 2025 (Q3) is -0.81.

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