Southwest Gas Holdings, Inc. (SWX) announced a profit for its first quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line totaled $113.87 million, or $1.58 per share. This compares with $87.74 million, or $1.22 per share, last year.
Excluding items, Southwest Gas Holdings, Inc. reported adjusted earnings of $119.37 million or $1.65 per share for the period.
Analysts on average had expected the company to earn $1.49 per share. Analysts' estimates typically exclude special items.
Southwest Gas Holdings, Inc. earnings at a glance (GAAP) :
-Earnings: $113.87 Mln. vs. $87.74 Mln. last year.-EPS: $1.58 vs. $1.22 last year.
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