Southwest Gas (SWX) to Release Quarterly Earnings on Thursday
Southwest Gas (NYSE:SWX) will be announcing its Q2 earnings results on Thursday, August 7th. Investors that are interested in participating in the company’s conference call can do so using this link.
Southwest Gas (NYSE:SWX) last announced its earnings results on Tuesday, May 6th. The company reported $1.49 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.69 by $0.20. On average, analysts expect Southwest Gas to post $2.98 EPS for the current fiscal year and $3.16 EPS for the next fiscal year.
Southwest Gas (NYSE:SWX) opened at 47.95 on Wednesday. Southwest Gas has a 52 week low of $45.70 and a 52 week high of $56.03. The stock’s 50-day moving average is $51.53 and its 200-day moving average is $52.85. The company has a market cap of $2.230 billion and a P/E ratio of 16.92.
On the ratings front, analysts at Brean Capital downgraded shares of Southwest Gas from a “buy” rating to a “hold” rating in a research note on Friday, May 9th. They now have a $56.00 price target on the stock.
Southwest Gas Corporation (NYSE:SWX) is engaged in the business of purchasing, distributing and transporting natural gas to residential, commercial and industrial customers in the southwestern United States.
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