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Dec 31, 2021
Southwest Gas Q4 2021 Earnings Report
Reported consolidated earnings and adjusted consolidated earnings for Q4 2021.
Key Takeaways
Southwest Gas Holdings, Inc. reported a consolidated net income of $69.9 million, or $1.15 per diluted share, and an adjusted consolidated net income of $98 million, or $1.61 per diluted share for Q4 2021. The company's natural gas distribution segment net income increased to $84.6 million, while the utility infrastructure services segment net income was $7.6 million.
Consolidated net income was $69.9 million, or $1.15 per diluted share.
Adjusted consolidated net income was $98 million, or $1.61 per diluted share.
Natural gas distribution segment net income increased to $84.6 million.
Utility infrastructure services segment net income was $7.6 million.
Southwest Gas
Southwest Gas
Southwest Gas Revenue by Segment
Revenue by Segment
Natural Gas Distribution Revenue
CapyFin.com Forward Guidance
The Company announced that its Board of Directors has unanimously decided to separate Centuri from the Company. The separation is expected to occur within the next 9 to 12 months. Management is not providing EPS guidance at this time and is replacing its prior guidance with expectations for 2022.