Northwest Natural Holding shares are trading lower after the company reported worse-than-expected Q4 financial results and issued FY24 EPS guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Northwest Natural Holding's shares dropped following disappointing Q4 financial results and FY24 EPS guidance below expectations.
February 23, 2024 | 5:04 pm
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Northwest Natural Holding's shares declined due to poor Q4 financial performance and pessimistic FY24 EPS guidance.
The company's shares are trading lower as a direct result of reporting financial results for Q4 that did not meet expectations, coupled with issuing FY24 EPS guidance that fell below analyst estimates. This negative news directly impacts investor sentiment and the perceived value of NWN, leading to a decrease in stock price.
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