
SWX Earnings
Southwest Gas Holdings Inc
- Overview
- Forecast
- Valuation
- Earnings
Earning Analysis
Welcome to our in-depth analysis of Southwest Gas Holdings Inc(SWX) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of Southwest Gas Holdings Inc earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.
Earnings Forecast
Revenue
EPS
Currency: USD
Actual
Estimate
Surprise Analysis
FY2025Q2 | 2025-08-06 | Pre-Market | 0.42 | 0.53 | +26.19 | 1.17B | 1.12B | -4.38 | -1.68 | -0.70 |
FY2025Q1 | 2025-05-12 | Pre-Market | 1.61 | - | - | 1.50B | 1.30B | -13.32 | -7.77 | -8.59 |
FY2024Q4 | 2025-02-26 | Pre-Market | 1.14 | 1.39 | +21.93 | 1.35B | 1.27B | -5.67 | -2.48 | -4.21 |
FY2024Q2 | 2024-08-06 | - | 0.43 | 0.31 | -27.91 | 1.20B | 1.18B | -1.27 | -2.16 | -0.78 |
FY2024Q1 | 2024-05-08 | - | 1.70 | 1.37 | -19.41 | 1.38B | 1.58B | +14.50 | -0.66 | -1.92 |
FY2023Q4 | 2024-02-28 | - | 0.97 | 1.13 | +16.49 | 1.29B | 1.37B | +5.92 | +7.26 | +13.61 |
FY2023Q3 | 2023-11-08 | - | 0.02 | 0.10 | +400.00 | 1.08B | 1.17B | +8.29 | -0.30 | +4.46 |
FY2023Q2 | 2023-08-09 | - | 0.39 | 0.47 | +20.51 | 1.11B | 1.29B | +17.07 | +5.62 | +1.50 |
- | 2023-05-09 | - | 1.39 | 1.69 | +21.58 | - | - | - | -0.66 | +0.48 |
- | 2023-02-28 | - | 1.57 | 1.16 | -26.11 | - | - | - | -1.44 | -5.55 |
SWX Earnings Analysis
Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, Southwest Gas Holdings Inc reported performance for FY2025Q2, announced on 2025-08-06. The company achieved an EPS of 0.53, compared to analyst estimates of 0.42 by 26.19% . Revenue for the quarter reached 1.12B compared to expectations of 1.17B by -4.38% .
The stock price reacted with a -1.68% one-day change and a -0.70% five-day change following the earnings release. These movements reflect market reaction in Southwest Gas Holdings Inc growth trajectory and strategic initiatives.
SWX Earnings Forecast
Looking ahead, Southwest Gas Holdings Inc(SWX) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2025/Q3 project quarter revenue of 1.10B and an EPS of .
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2025 have been Revise Downward by -1.58%, while EPS estimates have been Revise Downward by -0.21%. For the upcoming , revenue estimates have been adjusted Go Up by 16.98% . These revisions correlate with a % change in stock price over the same period, suggesting potential buying opportunities for investors who believe in Southwest Gas Holdings Inc long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.
Estimate Revision
The chart shows the correlation between SWX's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2025
Revise Downward

-1.58%
In Past 3 Month
Revenue Estimates for Q3 2025
Revise Downward

-0.21%
In Past 3 Month
Stock Price
Go Up

+16.98%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2025
Currency: USD
1Y
3Y
5Y
--
Revenue Estimate-Annual FY 2025:5.11B
--
EPS Estimate-Annual FY 2025:0
—
Stock Price79.64
SWX Revenue and EPS Performance: A Historical Perspective
Southwest Gas Holdings Inc revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
FY2025Q2 (2025-08-06,Pre-Market):
EPS: 0.53 (Actual) vs.0.42 (Estimate) (26.19%)
Revenue: 1.12B (Actual) vs. 1.17B (Estimate) (-4.38%)
Price Reaction: -1.68%(1-Day), -0.70%(5-Day)
FY2025Q1 (2025-05-12,Pre-Market):
EPS: (Actual) vs.1.61 (Estimate) (%)
Revenue: 1.30B (Actual) vs. 1.50B (Estimate) (-13.32%)
Price Reaction: -7.77%(1-Day), -8.59%(5-Day)
FY2024Q4 (2025-02-26,Pre-Market):
EPS: 1.39 (Actual) vs.1.14 (Estimate) (21.93%)
Revenue: 1.27B (Actual) vs. 1.35B (Estimate) (-5.67%)
Price Reaction: -2.48%(1-Day), -4.21%(5-Day)
Earnings Reaction
The chart below shows how SWX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SWX sees a +0.46% change in stock price 10 days leading up to the earnings, and a +1.21% change 10 days following the report. On the earnings day itself, the stock moves by -0.43%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in JUN/2025, the stock changed 0.56% on the day following the earnings release and then changed by 1.82% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.
Transcript Summary
Southwest Gas Holdings Inc (SWX) Q2 2025 Earnings Call Summary
Positive
2025-08-06
The earnings call summary reflects strong financial performance, with record net income, increased operating margins, and robust liquidity. Despite rising expenses, cost control measures are evident. The Q&A section highlights confidence in strategic projects like Great Basin, with positive analyst sentiment. While management's lack of clarity on certain regulatory issues is a concern, overall guidance remains optimistic. The absence of a share buyback program is neutralized by the positive financial metrics and strategic growth initiatives. The sentiment rating is positive, anticipating a 2% to 8% stock price increase in the short term.
Southwest Gas Holdings Inc (SWX) Q1 2025 Earnings Call Summary
Neutral
2025-05-13
The earnings call presents a mixed picture: while there is strong financial performance with increased EPS and net income, there are concerns over interest and legislative risks. The Q&A section reveals uncertainties around the Centuri separation and SIM settlement, affecting confidence. The steady dividend policy and strong liquidity are positives, but lack of clear guidance on key issues tempers enthusiasm, suggesting a neutral sentiment.
Southwest Gas Holdings Inc (SWX) Q1 2025 Earnings Call Summary
Neutral
2025-05-12
The earnings call presents a mixed outlook. Financial performance shows growth in net income and operating margins, but increased interest expenses and significant capital investment risks are concerning. The Q&A reveals uncertainties in the Centuri separation and potential regulatory delays. Despite strong liquidity and a commitment to dividends, the lack of new partnerships or guidance changes, along with execution risks, tempers optimism. Without clear catalysts, the stock is likely to remain stable, leading to a neutral prediction.
Southwest Gas Holdings Inc (SWX) Q4 2024 Earnings Call Summary
Neutral
2025-02-26
The earnings call summary shows stable financial growth and strategic investments, but risks like regulatory approvals and interest rate impacts pose uncertainties. The Q&A revealed unclear management responses on strategic plans, leading to cautious investor sentiment. The dividend maintenance and strong financial growth are positive, but lack of clarity in strategic execution tempers optimism. Overall, the sentiment is balanced, indicating a neutral stock price movement.
Southwest Gas Holdings, Inc. (SWX) Q3 2024 Earnings Call Summary
Neutral
2024-11-06
The earnings call revealed mixed sentiments: positive utility margin growth, increased rate base, and strong liquidity, but concerns over increased expenses, interest rates, and regulatory lag. The Q&A highlighted uncertainties in separation timing and regulatory impacts, slightly dampening optimism. The raised net income guidance and steady dividend policy suggest stability, while the EPS decline and flat dividend raise caution. Overall, the sentiment is balanced, leading to a neutral stock price prediction.
Southwest Gas Holdings, Inc. (SWX) Q2 2024 Earnings Call Summary
Neutral
2024-08-06
The earnings call summary presents a mixed picture. Financial performance shows some growth in net income and operating margin, but there's a decrease in adjusted EPS and increased interest expenses. The Q&A reveals uncertainties around Centuri's separation and equity needs, which could concern investors. Despite strong customer growth and a commitment to dividends, inflationary pressures and competitive risks remain. The neutral sentiment reflects balanced positive and negative factors, with no strong catalyst to drive significant stock movement within the next two weeks.
People Also Watch

PVH
PVH Corp
75.690
USD
-2.31%

IESC
IES Holdings Inc
347.510
USD
-0.24%

HWC
Hancock Whitney Corp
60.610
USD
-1.06%

CUZ
Cousins Properties Inc
27.730
USD
-1.74%

CLF
Cleveland-Cliffs Inc
10.245
USD
-3.62%

LEA
Lear Corp
102.680
USD
-0.53%

KTOS
Kratos Defense and Security Solutions Inc
70.980
USD
+3.24%

URBN
Urban Outfitters Inc
77.520
USD
-2.48%

INGM
Ingram Micro Holding Corp
19.500
USD
-2.30%

KRG
Kite Realty Group Trust
21.395
USD
-1.45%
FAQ

What were the key highlights of SWX’s latest earnings report for FY2025Q2?
SWX reported its FY2025Q2 earnings on 2025-08-06, showcasing a revenue of 1.12B against an estimate of 1.17B, resulting in a -4.38% surprise. The EPS was 0.53, surpassing the expected 0.42 by 26.19% . The stock experienced a -1.68% price change on the earnings day and a -0.7% change over the next five days, reflecting market reactions to the results.

How did SWX’s stock price react after the FY2025Q2 earnings release?

What are the revenue and EPS estimates for SWX for 2025/Q3?

How does SWX’s stock price correlate with earnings forecast revisions?

What should investors expect from SWX’s next earnings report?
