Southwest Gas reports Q3 adjusted EPS 9c, consensus 15c

Reports Q3 revenue $1.08B, consensus $1.11B. “Performance at the utility has been strong in 2024. We are on track to finish within the top half of our full-year utility net income guidance range,” said Karen Haller, President and CEO at Southwest Gas (SWX) Holdings. “Our performance is a direct result of successfully delivering on our regulatory priorities and executing on our disciplined business management efforts to optimize utility performance,” added Haller. “In Nevada, we continue to see the positive impact associated with the recovery of our investments to enhance safety and reliability and better meet the needs of our growing customer base. In addition, during the quarter, we filed our rate case in California, which reflects the significant investments we have made on behalf of our customers, and we are continuing to work to advance our Arizona general rate case,” continued Haller.