Southwest Gas Holdings, Inc. (SWX) recently released its earnings report, highlighting the financial outcomes for the third quarter. The company recorded earnings of $0.3 million, a significant decrease from the $3.23 million reported for the same quarter last year. The earnings per share (EPS) for this period remained at $0.00, as compared to $0.04 previously recorded. After adjusting for certain items, the company achieved earnings of $6.83 million, translating to $0.09 per share.
Analysts had anticipated these earnings to be $0.15 per share. Revenue for the third quarter amounted to $1.079 billion, down from $1.169 billion recorded in the corresponding timeframe of the previous year.
