| Southwest Gas beats 4Q profit forecasts | |
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LAS VEGAS (AP) _ Southwest Gas Corp. (SWX) on Thursday reported fourth-quarter profit of $58.7 million.
The Las Vegas-based company said it had net income of $1.25 per share.
The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.21 per share.
The natural gas company posted revenue of $627.7 million in the period.
For the year, the company reported profit of $141.1 million, or $3.01 per share. Revenue was reported as $2.12 billion.
Southwest Gas shares have dropped 7 percent since the beginning of the year. The stock has increased slightly more than 6 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SWX at http://www.zacks.com/ap/SWX
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Keywords: Southwest Gas, Earnings Report
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Southwest Gas Corporation
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CODE : SWX |
ISIN : US8448951025 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Southwest gas corp. is based in United states of america. Southwest gas corp. is listed in United States of America. Its market capitalisation is US$ 3.5 billions as of today (€ 3.2 billions). Its stock quote reached its lowest recent point on October 04, 1991 at US$ 10.00, and its highest recent level on May 27, 2022 at US$ 95.62. Southwest gas corp. has 48 159 162 shares outstanding. |