secwatch.observer — SEC 8-K summary
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Issuer:     Southwest Gas Holdings, Inc. (SWX)
CIK:        0001692115
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001692115-24-000078
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Southwest Gas Q1 net income $87.7M ($1.22 EPS); affirms guidance
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- Net income $87.7M ($1.22 diluted EPS); adjusted net income $98.5M ($1.37 adjusted EPS).
- Utility net income $135.8M, up from $134.7M YoY; corporate expenses include $11M interest and $2.7M separation costs.
- Centuri IPO completed in April; net proceeds $329.3M used to repay Centuri debt; post-IPO owns ~81%.
- Nevada rate case positive outcome; expects to benefit from refreshed rates in Q2.
- Affirms 2024 utility net income toward upper half of range; O&M flat YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692115/000169211524000078/0001692115-24-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92416/000169211524000078/swx-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001692115-24-000078

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