secwatch.observer — SEC 8-K summary
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Issuer:     Southwest Gas Holdings, Inc. (SWX)
CIK:        0001692115
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001692115-23-000141
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692115/000169211523000141/0001692115-23-000141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92416/000169211523000141/swx-20231108.htm
  HTML page:      https://secwatch.observer/filing/0001692115-23-000141

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