secwatch.observer — SEC 8-K summary
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Issuer:     Southwest Gas Holdings, Inc. (SWX)
CIK:        0001692115
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0001692115-25-000117
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Southwest Gas Q1 net income $113.9M ($1.58 EPS), up 30% YoY; reaffirms guidance
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- Net income of $113.9M vs $87.7M in Q1 2024; diluted EPS $1.58 vs $1.22.
- Adjusted net income $119.4M ($1.65 adjusted EPS) vs $98.5M ($1.37) YoY.
- Natural gas distribution contributed $142.9M vs $135.8M; utility infrastructure lost $20.0M.
- Arizona rate case approved ~$80.2M annual revenue increase; settlement on system integrity mechanism filed.
- Company reaffirms 2025 guidance; continues evaluating Centuri separation options.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692115/000169211525000117/0001692115-25-000117-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92416/000169211525000117/swx-20250512.htm
  HTML page:      https://secwatch.observer/filing/0001692115-25-000117

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