---
schema_version: "secwatch.filing_event.v1"
accession: "0001692115-23-000131"
form_type: "8-K"
ticker: "SWX"
cik: "0001692115"
company_name: "Southwest Gas Holdings, Inc."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T22:37:09.863272+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Southwest Gas Q2 2023: adjusted EPS $0.47 vs $0.23 YoY; utility net income $19.1M, Centuri revenue $806M record

## Summary
- Consolidated net earnings of $0.40 per diluted share; adjusted earnings $0.47 per diluted share, up from $0.23 adjusted in Q2 2022.
- Utility net income $19.1M vs loss $2.3M YoY; Centuri net income $18.8M vs $4.7M YoY on record $806M revenue (+14%).
- Reaffirmed 2023 utility net income guidance $205-215M and Centuri revenue guidance $2.8-3.0B with EBITDA margin 9.5-11%.
- Centuri spin-off: ACC approval received, draft Form 10 submitted to SEC; completion expected end of Q1 2024 pending IRS ruling.

## SEC filing metadata
- accession: 0001692115-23-000131
- form_type: 8-K
- ticker: SWX
- cik: 0001692115
- company_name: Southwest Gas Holdings, Inc.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692115/000169211523000131/0001692115-23-000131-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92416/000169211523000131/swx-20230809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001692115-23-000131
- JSON: https://secwatch.observer/filing/0001692115-23-000131.json
- Plain text: https://secwatch.observer/filing/0001692115-23-000131.txt

## Key facts
- Earnings Releases
  Southwest Gas Holdings, Inc. reported second quarter 2023 results: EPS consolidated net earnings of $0.40 per diluted share.
  - Period: second quarter 2023
  - EPS: consolidated net earnings of $0.40 per diluted share
  - Result: reported results
  source text: Southwest Gas Holdings, Inc. Reports Second Quarter 2023 Financial Results
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692115/000169211523000131/0001692115-23-000131-index.htm
- Earnings Releases
  Southwest Gas Holdings, Inc. updated its 2023 guidance (raised).
  - Period: 2023
  - Guidance: raised
  - Result: guidance update
  source text: Reaffirming 2023 Utility Earnings Guidance and 2023 Centuri Revenue and EBITDA Margin Guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692115/000169211523000131/0001692115-23-000131-index.htm
- Earnings Releases
  Southwest Gas Holdings, Inc. updated its 2023 guidance (raised).
  - Period: 2023
  - Guidance: raised
  - Result: guidance update
  source text: Increasing 2023 capital expenditures guidance to $700 - $720 million in support of customer growth, system improvements, and pipe replacement programs
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692115/000169211523000131/0001692115-23-000131-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.