secwatch.observer — SEC 8-K summary
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Issuer:     Northwest Natural Holding Co (NWN)
CIK:        0001733998
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001733998-24-000073
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NWN Q1 EPS $1.69 down 11% YoY; reaffirms 2024 EPS guidance $2.20-$2.40
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- Net income $63.8M ($1.69/diluted share) vs $71.7M ($2.01) in Q1 2023, down $7.8M.
- Higher pension expense, depreciation, and interest expense drove the decline; weather 9% warmer vs average.
- Added nearly 15,000 gas and water connections in 12 months (1.7% growth), primarily via water acquisitions.
- Reaffirmed 2024 EPS guidance $2.20-$2.40, below long-term 4-6% CAGR target due to regulatory lag.
- Quarterly dividend unchanged at $0.4875/share ($1.95 annual); payable May 15, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1733998/000173399824000073/0001733998-24-000073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/73020/000173399824000073/nwn-20240506.htm
  HTML page:      https://secwatch.observer/filing/0001733998-24-000073

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