Southwest Gas: Q1 Earnings Snapshot
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LAS VEGAS (AP) — LAS VEGAS (AP) — Southwest Gas Corp. (SWX) on Tuesday reported first-quarter net income of $45.9 million.
The Las Vegas-based company said it had net income of 67 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.69 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.39 per share.
The natural gas company posted revenue of $1.6 billion in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SWX at https://www.zacks.com/ap/SWX
