---
schema_version: "secwatch.filing_event.v1"
accession: "0001692115-23-000141"
form_type: "8-K"
ticker: "SWX"
cik: "0001692115"
company_name: "Southwest Gas Holdings, Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T09:45:25.757741+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Southwest Gas Q3 2023: EPS $0.04 vs -$0.18; raises utility net income and capex guidance

## Summary
- Consolidated net earnings $0.04 diluted EPS vs net loss $0.18 in Q3 2022; adjusted EPS $0.10 vs -$0.05.
- Utility segment seasonal net loss improved to $3.3M from $22.2M; operating margin hit record $1.2B (12 months).
- Utility 2023 net income guidance raised to $215-225M (from $205-215M); capex raised to $720-740M.
- Centuri Q3 net income $18M (+$4M YoY); record Q3 revenue $775M; confidentially submitted draft S-1 for IPO.
- Filed Nevada rate case seeking ~$70M revenue increase; anticipating AZ rate case filing in Q1 2024.

## SEC filing metadata
- accession: 0001692115-23-000141
- form_type: 8-K
- ticker: SWX
- cik: 0001692115
- company_name: Southwest Gas Holdings, Inc.
- filed_at: 2023-11-08T23:59:59+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/1692115/000169211523000141/0001692115-23-000141-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92416/000169211523000141/swx-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001692115-23-000141
- JSON: https://secwatch.observer/filing/0001692115-23-000141.json
- Plain text: https://secwatch.observer/filing/0001692115-23-000141.txt

## Key facts
- Earnings Releases
  Southwest Gas Holdings, Inc. reported third quarter 2023 results: net income $3,231, EPS $0.04 per diluted share. Guidance raised.
  - Period: third quarter 2023
  - Net income: $3,231
  - EPS: $0.04 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: Southwest Gas Holdings, Inc. Reports Third Quarter 2023 Financial Results Delivers Strong Third Quarter Growth in Utility and Centuri Net Income Increases 2023 Utility Earnings and Capital Expenditures Guidance and Reaffirms 2023 Centuri Revenue and EBITDA Margin Guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692115/000169211523000141/0001692115-23-000141-index.htm

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