NW Natural Holdings Reports First Quarter 2019 Results

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Northwest Natural Gas (NWN) Tops Q1 EPS by 34c, Revenues Miss; Offers FY19 EPS Outlook

May 7, 2019 6:17 AM EDT

Northwest Natural Gas (NYSE: NWN) reported Q1 EPS of $1.73, $0.34 better than the analyst estimate of $1.39. Revenue for the quarter came in at $285.35 million versus the consensus estimate of $259.05 million.

Earned $1.50 per share from continuing operations for the first quarter of 2019, compared to $1.46 per share for 2018Added more than 12,500 natural gas meters over the last 12 months equating to a 1.7% growth rateFinished construction of the North Mist gas storage expansion with the commissioning phase nearly completeReceived the final Oregon general rate case... More