Southwest Gas Holdings First Quarter 2025 Earnings: Misses Expectations

Southwest Gas Holdings (NYSE:SWX) First Quarter 2025 Results

Key Financial Results

• Revenue: US$1.30b (down 18% from 1Q 2024).
• Net income: US$113.9m (up 30% from 1Q 2024).
• Profit margin: 8.8% (up from 5.5% in 1Q 2024). The increase in margin was driven by lower expenses.
• EPS: US$1.58 (up from US$1.22 in 1Q 2024).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Southwest Gas Holdings Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 4.8%.

Looking ahead, revenue is expected to decline by 8.8% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in the US are expected to grow by 5.4%.

Performance of the American Gas Utilities industry.

The company's shares are down 7.6% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Southwest Gas Holdings (1 is a bit concerning!) that you should be aware of before investing here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.