Southwest Gas (SWX) Tops Q2 EPS by 25c
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Southwest Gas Holdings, Inc. Announces Second Quarter 2020 Earnings
August 6, 2020 4:30 PM EDTLAS VEGAS, Aug. 6, 2020 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) announced consolidated earnings of $0.68Â per diluted share for the second quarter of 2020, a $0.27 increase from consolidated earnings of $0.41Â per diluted share for the second quarter of 2019. Consolidated current-quarter results include $12Â million, or $0.22 per share, in other income due to increases in the cash surrender value of company-owned life insurance ("COLI") policies, while the prior-year included $3.4 million, or $0.06Â per share, associated with COLI policies. Consolidated net income was $38 million for the second quarter of 2020, compared to consolidated net income of $22.1... More
