Southwest Gas (SWX) Tops Q4 EPS by 23c; Provides FY20 EPS Outlook
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Southwest Gas Holdings, Inc. Announces 2019 Earnings and Initiates 2020 Earnings Guidance
February 26, 2020 4:30 PM ESTLAS VEGAS, Feb. 26, 2020 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) announced consolidated earnings of $3.94 per diluted share for 2019, a $0.26 increase from consolidated earnings of $3.68 per diluted share for 2018. Consolidated net income was $213.9 million for 2019, compared to consolidated net income of $182.3 million for 2018. The natural gas segment had net income of $163.2 million in 2019 compared to net income of $138.8 million in 2018, while the utility infrastructure services segment had net income of $52.4 million in 2019 compared to net income of $45 million in 2018. Consolidated current-year results include $17.4 million, or $0.32 per share, in other income due to... More
