Northwest Natural Holding Co. (NWN), while reporting higher first-quarter results, on Tuesday updated its fiscal 2025 earnings view on a reported basis and reaffirmed adjusted earnings forecast.
In the pre-market hours on the New York Stock Exchange, Northwest Natura stock is losing around 1.2 percent to trade at $43.03
For fiscal 2025, NW Natural now expects earnings of $2.65 to $2.85 per share, compared to the previous range of $2.66 to $2.86, as a result of the expected transaction costs from the Hughes acquisition.
The company continues to expect adjusted earnings per share of $2.75 to $2.95.
The Wall Street analysts on average expect the company to report earnings of $2.87 per share. Analysts' estimates typically exclude special items.
The company also reaffirmed its long-term earnings per share growth rate target of 4 percent to 6 percent from its expected 2025 adjusted earnings per share.
Further, the board of directors declared a quarterly dividend of $0.49 per share. The dividend is payable on May 15 to shareholders of record on April 30. The Company's current indicated annual dividend rate is $1.96 per share.
In its first quarter, Northwest Natural profit increased from last year and beat the Street estimates.
The company's earnings totaled $87.92 million or $2.18 per share, compared with $63.82 million, or $1.69 per share, last year.
Adjusted earnings were $91.80 million or $2.28 per share for the period. Analysts had expected the company to earn $2.01 per share.
The company's revenue for the period rose 14.0 percent to $494.28 million from $433.47 million last year.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.