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Southwest Gas Q4 Results Top Estimates
(RTTNews) - Southwest Gas Holdings, Inc. (SWX) reported Wednesday net income for the fourth quarter of $72.87 million or $1.01 per share, compared to a net loss of $280.58 million or $4.18 per share in the prior-year quarter.
Excluding items, adjusted earnings per share were $1.13 per share, compared to $1.16 per share last year.
Consolidated operating revenues for the quarter grew to $1.37 billion from $1.42 billion in the same quarter last year.
On average, three analysts polled by Thomson Reuters expected the company to report earnings of $1.12 per share on revenues of $1.29 billion for the quarter. Analysts' estimates typically exclude special items.
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Southwest Gas Q2 Results Top Estimates
Southwest Gas Holdings, Inc. (SWX) reported Wednesday net income for the second quarter of $28.88 million or $0.40 per share, compared to a net loss of $6.58 million or $0.10 per share in the prior-year quarter. Excluding items, adjusted earnings per share were $0.47 per share, compared to $0.23 per share last year.
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Southwest Gas Prices Of 3.58 Mln Share Underwritten Public Offering At $60.12/share
Southwest Gas Holdings, Inc. (SWX) announced Wednesday that it has priced an underwritten public offering of 3.58 million shares of its common stock at a public offering price of $60.12 per share, for net proceeds, after the underwriting discount and before the estimated expenses of the offering payable by the Company, of approximately $207.7 million.
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Williams To Acquire MountainWest Pipelines From Southwest Gas In $1.5 Bln Deal
Williams Cos. (WMB) announced Thursday that it has reached an agreement to acquire MountainWest Pipelines Holding Co. from Southwest Gas Holdings, Inc. (SWX), in a transaction including $1.07 billion of cash and $0.43 billion of assumed debt, for an enterprise value of $1.5 billion.
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Australian Market Slightly Lower
The Australian market is trading slightly lower on Thursday, snapping a five-session winning streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 8,100 level, with slight weakness across most sectors led by mining and energy stocks. Some gold stocks were gaining.
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vor 25 Minuten
Little Movement Seen For Japan Stock Market
The Japanese stock market has finished higher in five straight sessions, rallying almost 1,850 points or 5 percent along the way. The Nikkei 225 now sits just beneath the 36,050-point plateau and it's likely to hold steady in that neighborhood again on Thursday.
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vor 2Std 17 Minuten
Japan Rate Decision On Tap For Thursday
The Bank of Japan will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is widely expected to leave its benchmark lending rate unchanged at 0.50 percent.
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vor 3Std 17 Minuten
Canadian Dollar Extends Gain Against Majors
The Canadian dollar extended gains against its major counterparts in the New York session on Wednesday.
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vor 5Std 4 Minuten
Pound Falls Against Most Majors
The pound weakened against its most major counterparts in the New York session on Wednesday.
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vor 6Std 33 Minuten
