Southwest Gas Holdings, Inc. (SWX) Form 8-K — May 5, 2026
Southwest Gas Holdings reported net income of $138.4 million for the first quarter of 2026, with diluted earnings per share of $1.91 compared to $1.58 in the prior year. Excluding discontinued operations, earnings per share from continuing operations improved 2.7% to $1.91, driven by updated rates in Arizona and Nevada and lower interest expense. The company filed general rate cases in Arizona and Nevada requesting a combined $172 million in additional revenue, while a pending California rate case decision temporarily impacted quarterly earnings.
Key figures
- Eps
- 1.91
- Guidance
- $4.17 - $4.32 / share
- Net Income
- 138374000
- Utility ROE
- 8.5%
- Cash Position
- 484800000
- Dividend Rate
- $0.645
- Continuing Ops EPS
- $1.91
- Dividend Increase
- 4%
- Great Basin Interest
- 2.5 Bcf/day
- Capital Expenditures
- 186300000
- Prior Year Continuing Ops EPS
- $1.86
Price after filing
Close on the filing date to close N calendar days later (from $93.67). Historical, not a forecast.
AI analysis
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