Northwest Natural Gas (NWN) Tops Q4 EPS by 5c; Offers FY23 EPS Guidance

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NW Natural Holdings Reports Fourth Quarter and Full Year 2022 Results

February 24, 2023 6:00 AM EST

Initiated 2023 earnings guidance and reaffirmed long-term EPS growth rate target

PORTLAND, Ore.--(BUSINESS WIRE)-- Northwest Natural Holding Company, (NYSE: NWN) (NW Natural Holdings), reported financial results and highlights including:

Reported net income of $86.3 million (or $2.54 per share) for 2022, an increase of $7.6 million or 10%, compared to net income of $78.7 million (or $2.56 per share) for 2021 Added 8,600 natural gas meters over the last 12 months equating to a 1.1% growth rate Invested $338.6 million in our gas and water utility systems to support growth and greater... More