Northwest Natural Hldg (NYSE:NWN) reported its Q1 earnings results on Wednesday, May 4, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Northwest Natural Hldg missed estimated earnings by 5.76%, reporting an EPS of $1.8 versus an estimate of $1.91.
Revenue was up $34.35 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 5.81% increase in the share price the next day.
Here's a look at Northwest Natural Hldg's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.28 | -0.75 | -0.13 | 1.82 |
| EPS Actual | 1.31 | -0.67 | -0.02 | 1.94 |
| Revenue Estimate | 270.12M | 100.97M | 142.63M | 318.28M |
| Revenue Actual | 294.09M | 101.45M | 148.92M | 315.95M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Northwest Natural Hldg management provided guidance for FY 2022, expecting earnings between $2.45 and $2.65 per share.
To track all earnings releases for Northwest Natural Hldg visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
