Southwest Gas Holdings Q1 EPS rises to $1.91; 2026 guidance affirmed
Southwest Gas Holdings reported first-quarter 2026 diluted earnings per share from continuing operations of $1.91, up from $1.86 a year earlier, and affirmed its full-year 2026 earnings guidance of $4.17 to $4.32 per share. The company said a delayed California rate case decision weighed on first-quarter results, but it expects a memorandum account to address that impact, and it raised its quarterly dividend to $0.645 per share.
Key points
- Net income from continuing operations was $138.4 million, up from $134.3 million; consolidated operating revenues were $585.1 million, down from $746.4 million.
- Diluted EPS from continuing operations was $1.91 versus $1.86 for the quarter ended March 31, 2025, an increase of 2.7%.
- 2026 EPS from continuing operations guidance of $4.17 to $4.32 was affirmed; the quarterly dividend rose to $0.645 per share, a 4% increase.
- Arizona and Nevada general rate cases request about $101 million and $71 million in added revenue, respectively.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 05, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.