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Stock impact report

Southwest Gas Holdings Inc (SWX) Q3 2024 Earnings Call Highlights: Strong Customer Growth and ... [Yahoo! Finance]

Southwest Gas Holdings, Inc. (DE) (SWX) 
Last southwest gas holdings, inc. (de) earnings: 2/26 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.swgasholdings.com
Company Research Source: Yahoo! Finance
Cash on Hand: Over $450 million at the end of the third quarter. Liquidity: Nearly $1 billion on a consolidated basis. Adjusted EPS: 9 cents per share during the third quarter, a decrease of 8 cents compared to the third quarter of 2023. Operating Margin Increase: Nearly $23 million increase in utility operating margin compared to the same period last year. Customer Growth: Approximately 41,000 new meter sets added during the last 12 months. Rate Base Growth: Expected compound annual growth rate of 6.5% to 7.5% from 2024 to 2026. Capital Expenditure: Reaffirmed 2024 utility CapEx at approximately $830 million. Revenue Increase (Nevada Rate Case): Authorized increase of about $59 million. Net Debt: Utility's PGA balance flipped from a receivable balance of nearly $690 million in September 2023 to a net liability balance of $180 million at the end of the third quarter 2024. Warning! GuruFocus has detected 12 Warning Signs with SWX. Release Date: November 06, 2024 Show less Read more
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