Northwest Natural Hldg Q3 EPS $(0.65) Beats $(0.67) Estimate, Sales $141.48M Beat $134.78M Estimate
Portfolio Pulse from Benzinga Newsdesk
Northwest Natural Hldg (NYSE:NWN) reported Q3 losses of $(0.65) per share, beating the analyst consensus estimate of $(0.67) by 2.99%. This is a 16.07% decrease over losses from the same period last year. The company also reported quarterly sales of $141.48 million, beating the analyst consensus estimate of $134.78 million by 4.97%. This is a 21.09% increase over sales from the same period last year.
November 03, 2023 | 10:02 am
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NEUTRAL IMPACT
Northwest Natural Hldg reported better than expected Q3 results with EPS and sales beating estimates. However, the EPS represents a 16.07% decrease YoY.
While Northwest Natural Hldg beat Q3 estimates, the decrease in EPS YoY indicates potential underlying issues. This mixed result could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100