NW Natural Holdings Reports Fourth Quarter and Full Year 2019 Results

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Northwest Natural Gas (NWN) Tops Q4 EPS by 4c, Revenues Miss; Offers FY20 EPS Guidance Below Consensus

March 2, 2020 6:05 AM EST

Northwest Natural Gas (NYSE: NWN) reported Q4 EPS of $1.26, $0.04 better than the analyst estimate of $1.22. Revenue for the quarter came in at $247.26 million versus the consensus estimate of $248.12 million.

Reported net income from continuing operations of $2.19 per share for 2019 and adjusted earnings1 from continuing operations of $2.41 per share, compared to net income from continuing operations of $2.33 per share for 2018Added nearly 12,500 natural gas meters over the last 12 months equating to a 1.7% growth rateInvested nearly $240 million in our natural gas infrastructure and began service at the North Mist... More