Southwest Gas Hldgs Q1 2024 Adj EPS $1.37 Misses $1.42 Estimate
Portfolio Pulse from Benzinga Newsdesk
Southwest Gas Holdings reported its Q1 2024 adjusted earnings per share (EPS) of $1.37, missing the consensus analyst estimate of $1.42 by 3.52%.
May 08, 2024 | 12:44 pm
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NEGATIVE IMPACT
Southwest Gas Holdings reported a Q1 2024 EPS of $1.37, missing the analyst estimate of $1.42 by 3.52%.
Missing the earnings estimate typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. The 3.52% miss is significant enough to impact investor confidence.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100