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Northwest Natural Gas (NWN)
NYSE:NWN
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
2.04Last Year’s EPS
1.69Same Quarter Last Year
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 28, 2025
|% Change Since: 2.99%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The call highlighted significant achievements such as the successful acquisition of C Energy, strong growth in the water and renewables segments, and a major rate case victory in Oregon. However, challenges such as regulatory lag affecting earnings, increased capital expenditures, and the impact of equity issuance on EPS were also noted.Company Guidance
During the Northwest Natural Holding Company Q4 2024 earnings call, the company provided detailed guidance for the upcoming year, projecting 2025 adjusted earnings between $2.75 and $2.95 per share. The guidance reflects strong contributions from its various business segments, including C Energy and Northwest Natural Water, each expected to contribute $0.25 to $0.30 at EPS over the year. The company also aims for a long-term earnings per share growth rate of 4% to 6% compounded annually from the 2025 adjusted EPS. Capital expenditure for 2025 is forecasted to range from $450 million to $500 million, with significant investments in gas utilities, including modernizing infrastructure and supporting growth in Texas. The company's CapEx trajectory through 2030 has increased by nearly 40%, now projected at $2.5 billion to $2.7 billion. Additionally, they anticipate consolidated customer growth of 2% to 2.5%, largely driven by C Energy's strong customer growth of over 20%. The financial strategy includes issuing $65 million to $75 million in common equity in 2025, lower than the previous year, and plans to refinance the C Energy acquisition term loan with junior subordinated notes to maintain a healthy investment-grade credit rating.Strong Growth in Water and Renewable Segments
Water and wastewater customer base grew at 4.6% in 2024, including both organic growth and acquisitions. Two renewable natural gas facilities with EDL went operational, providing steady cash flows and expected earnings for decades.
Successful Acquisition and Expansion Strategy
Acquired C Energy, a high-growth natural gas utility in Texas, which achieved a 22% customer growth rate from 2021 to 2024. Expected to continue double-digit growth.
Oregon Rate Case Success
Completed the largest Oregon gas utility rate case in history, increasing revenue requirement by $93.3 million and rate base by $334 million to $2.1 billion.
Positive Financial Guidance
Initiated 2025 adjusted earnings guidance of $2.75 to $2.95 per share with expected long-term earnings per share growth rate of 4% to 6% compounded annually.
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NWN Earnings History
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
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NWN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 28, 2025 | $41.14 | $40.88 | -0.63% |
| Nov 12, 2024 | $40.94 | $41.13 | +0.46% |
| Aug 02, 2024 | $39.38 | $37.98 | -3.56% |
| May 06, 2024 | $37.24 | $36.50 | -1.99% |
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.
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FAQ
When does Northwest Natural Gas (NWN) report earnings?
Northwest Natural Gas (NWN) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Northwest Natural Gas (NWN) earnings time?
Northwest Natural Gas (NWN) earnings time is at Apr 30, 2025, TBA Not 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 (Q1) is 2.04.
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