Southwest Gas (SWX) Tops Q4 EPS by 21c, Revenues Beat; Offers FY21 EPS Mid-Point Guidance Below Consensus
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Southwest Gas Holdings, Inc. Announces 2020 Earnings and 2021 Earnings Guidance
February 25, 2021 4:30 PM ESTLAS VEGAS, Feb. 25, 2021 /PRNewswire/ --Â Southwest Gas Holdings, Inc. (NYSE: SWX) announced record consolidated earnings of $4.14Â per diluted share for 2020, a $0.20 increase from consolidated earnings of $3.94Â per diluted share for 2019. Consolidated net income was $232.3Â million for 2020, compared to consolidated net income of $213.9Â million for 2019. The natural gas segment had net income of $159.1Â million in 2020 compared to net income of $163.2Â million in 2019, while the utility infrastructure services segment had record net income of $74.9Â million in 2020 compared to net income of $52.4Â million in 2019. The record consolidated earnings in 2020 are impressive given that the increases in... More
