secwatch.observer — SEC 8-K summary
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Issuer:     Southwest Gas Holdings, Inc. (SWX)
CIK:        0001692115
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001692115-23-000131
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692115/000169211523000131/0001692115-23-000131-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92416/000169211523000131/swx-20230809.htm
  HTML page:      https://secwatch.observer/filing/0001692115-23-000131

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