Northwest Natural Hldg Q4 EPS $1.21 Misses $1.27 Estimate, Sales $355.71M Miss $360.31M Estimate
Portfolio Pulse from Benzinga Newsdesk
Northwest Natural Holding (NWN) reported Q4 earnings of $1.21 per share, missing the $1.27 estimate, and sales of $355.71M, missing the $360.31M estimate. This represents an 11.03% decrease in earnings and a 5.21% decrease in sales from the same period last year.
February 23, 2024 | 11:03 am
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Northwest Natural Holding reported lower than expected Q4 earnings and sales, with a significant decrease compared to last year.
Missing both earnings and sales estimates, especially with a notable year-over-year decrease, typically leads to negative investor sentiment and could result in a short-term decline in stock price.
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