earnings
confidence high
sentiment positive
materiality 0.80
Southwest Gas reports Q4 adj EPS $1.39; initiates 2025 utility net income guidance $265-275M
Southwest Gas Holdings, Inc.
2024-FY EPS reported
$2.76
- Q4 2024 net income $92.5M ($1.28 EPS); adjusted $100.1M ($1.39 EPS).
- Full-year utility net income $261.2M (+8% YoY); ROE 8.1%.
- 2025 utility net income guidance $265-275M, capex ~$880M; 5-year CAGR 6-8%.
- Centuri full-year revenue down 9% to $2.6B; net loss $13.1M vs income $19.7M.
- Company retains 81% of Centuri; committed to full separation via sale/exchange/distribution.