NW Natural Holdings Reports First Quarter 2020 Results
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Northwest Natural Gas (NWN) Tops Q1 EPS by 1c, Revenues Miss; Reaffirms FY20 EPS Guidance
May 8, 2020 6:07 AM EDTNorthwest Natural Gas (NYSE: NWN) reported Q1 EPS of $1.58, $0.01 better than the analyst estimate of $1.57. Revenue for the quarter came in at $285.15 million versus the consensus estimate of $300.07 million.
Reported first quarter 2020 earnings of $1.58 per share from continuing operations, compared to earnings of $1.50 per share and adjusted earnings1 of $1.73 per share for the same period in 2019Provided customers with essential natural gas and water utility services during coronavirus pandemic (COVID-19)Added more than 12,400 natural gas meters over the last 12 months equating to a 1.6% growth rateClosed four water utility transactions in 2020 bringing our total... More