Southwest Gas Q3 Earnings Miss Estimates, Revenues Decrease Y/Y

Southwest Gas Holdings Inc. SWX recorded third-quarter 2025 operating earnings of 6 cents per share, which missed the Zacks Consensus Estimate of 9 cents by 33.3%. The bottom line also decreased from the year-ago quarter’s figure of 9 cents.SWX’s Total RevenuesOperating revenues totaled $0.32 billion, which lagged the Zacks Consensus Estimate of $0.37 billion by 14.5%. The top line also declined 70.6% from $1.08 billion reported in the prior-year quarter.Southwest Gas Corporation Price, Consensus and EPS Surprise Southwest Gas Corporation price-consensus-eps-surprise-chart | Southwest Gas Corporation QuoteHighlights of SWX’s Q3 Earnings ReleaseOperations and maintenance expenses totaled $134.8 million, up 3% from the year-ago quarter’s level of $130.9 million.The total operating income amounted to $37 million, up 83.9% from $20.1 million in the year-ago quarter.Total system throughput in the first nine months of 2025 was 159.81 million dekatherms, down 4.1% from 166.63 million dekatherms reported in the first nine months of 2024.Southwest Gas’ Financial HighlightsCash and cash equivalents, as of Sept. 30, 2025, were $778.6 million compared with $314.8 million as of Dec. 31, 2024.The long-term debt, less current maturities, amounted to $3.51 billion as of Sept. 30, 2025 compared with $3.50 billion as of Dec. 31, 2024.Southwest Gas’ net cash provided by operating activities in the first nine months of 2025 was $0.47 billion compared with $1.15 billion in the year-ago period.SWX’s 2025 GuidanceSouthwest Gas continues to anticipate the Natural Gas Distribution segment’s net income in 2025 in the range of $265-$275 million. The capital expenditure is expected to be $880 million for supporting customer growth, system improvements and pipe replacement programs.Capital expenditures are expected to be $4.3 billion for the 2025-2029 period.SWX’s Zacks RankSouthwest Gas currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.An Upcoming ReleaseNew Jersey Resources Corporation NJR is slated to report fourth-quarter fiscal 2025 results on Nov. 19, after market close.The Zacks Consensus Estimate for sales stands at $303.1 million. The Zacks Consensus Estimate for earnings is pegged at 16 cents per share.Recent ReleasesONE Gas, Inc. OGS reported third-quarter 2025 operating earnings per share (EPS) of 44 cents, in line with the Zacks Consensus Estimate. The figure was 29.4% higher than the year-ago quarter’s earnings of 34 cents.ONE Gas recorded revenues of $379.1 million, which missed the Zacks Consensus Estimate of $383 million by 0.9%. However, the top line increased 11.4% from $340.4 million in the prior-year quarter. Sempra Energy SRE reported third-quarter 2025 adjusted EPS of $1.11, which beat the Zacks Consensus Estimate of 93 cents by 19.4%. The bottom line also rose 24.7% from the year-ago quarter’s figure of 89 cents.Sempra Energy’s total revenues of $3.15 billion missed the Zacks Consensus Estimate of $3.22 billion by 2.2%. However, the top line increased 13.3% from $2.78 billion in the year-ago quarter.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sempra Energy (SRE): Free Stock Analysis Report Southwest Gas Corporation (SWX): Free Stock Analysis Report NewJersey Resources Corporation (NJR): Free Stock Analysis Report ONE Gas, Inc. (OGS): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks