Southwest Gas: Fourth Quarter Earnings Overview
Southwest Gas Reports Fourth Quarter Financial Results
Southwest Gas Corp., headquartered in Las Vegas, announced on Wednesday that it earned $103.5 million in net income during the fourth quarter.
The company’s earnings translated to $1.43 per share, while adjusted earnings, which exclude one-time gains, were $1.36 per share.
During this period, the natural gas provider generated $480.7 million in revenue.
For the full year, Southwest Gas recorded a profit of $439.8 million, or $6.08 per share, with total revenue reaching $1.94 billion.
Looking ahead, the company anticipates its annual earnings will range between $4.17 and $4.32 per share.
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