SOUTHWEST GAS HOLDINGS INC (SWX) Earnings History & Surprises

NYSE:SWX • US8448951025

87.71 USD
+0.09 (+0.1%)
At close: Mar 9, 2026
87.71 USD
0 (0%)
After Hours: 3/9/2026, 4:15:00 PM

Past quarterly earnings results for SOUTHWEST GAS HOLDINGS INC (SWX), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release DateMay 11, 2026
PeriodQ1 / 2026
EPS Estimate$2.12
Revenue Estimate729.99M

Last Reported

Most Recent
Release DateFeb 25, 2026
PeriodQ4 / 2025
EPS Reported$1.36
EPS Surprise 0.55%
Revenue Surprise -44.54%

Beat Rate

Last 8 Quarters
38%
EPS and Revenuebeats vs estimates

Quarterly Earnings Results

EPS & Revenue History (USD)

Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q4 2025 1.36 1.35 0.55% -2.16% 480.735M 866.74M -44.54% -62.15%
Q3 2025 0.06 0.05 21.24% -33.33% 316.911M 936.2M -66.15% -70.63%
Q2 2025 0.53 0.44 20.40% 70.97% 1.12B 1.183B -5.29% 119.64%
Q1 2025 1.65 1.52 8.85% 20.44% 1.296B 1.511B -14.20% -17.99%
Q4 2024 1.39 1.24 12.33% 23.01% 1.27B 1.36B -6.61% -7.12%
Q3 2024 0.09 0.15 -40.99% -10.00% 1.079B 1.123B -3.90% -7.72%
Q2 2024 0.31 0.49 -36.63% -34.04% 510.093M 1.209B -57.81% -60.57%
Q1 2024 1.37 1.43 -4.41% -18.93% 1.581B 1.395B 13.33% -1.39%
Q4 2023 1.13 1.13 0.07% -2.59% 1.368B 1.308B 4.55% -3.76%
Q3 2023 0.10 -0.26 137.86% 300.00% 1.169B 1.091B 7.19% 3.90%
Q2 2023 0.47 0.20 133.14% 104.35% 1.294B 1.116B 15.92% 12.87%
Q1 2023 1.69 1.43 17.84% -2.87% 1.603B 1.351B 18.68% 26.50%
Q4 2022 1.16 1.60 -27.47% 0.87% 1.421B 1.207B 17.72% 31.03%
Q3 2022 -0.05 0.27 -118.44% -200.00% 1.126B 1.077B 4.51% 26.66%
Q2 2022 0.23 0.56 -59.15% -46.51% 1.146B 1.046B 9.57% 39.53%
Q1 2022 1.74 2.16 -19.41% -14.29% 1.267B 1.156B 9.64% 43.06%
Q4 2021 1.15 1.58 -27.41% -36.81% 1.084B 1.023B 6.00% 18.63%
Q3 2021 0.05 0.13 -62.35% -84.38% 888.696M 844.79M 5.20% 12.32%
Q2 2021 0.43 0.45 -4.29% -36.76% 821.421M 788.56M 4.17% 8.48%
Q1 2021 2.03 1.94 4.66% 54.96% 885.9M 965.69M -8.26% 5.93%
Q4 2020 1.82 1.62 12.17% - 914.1M 896.86M 1.92% -
Q3 2020 0.32 0.24 34.09% - 791.2M 719.78M 9.92% -
Q2 2020 0.68 0.44 55.78% - 757.2M 274.65M 175.70% -
Q1 2020 1.31 1.58 -17.18% - 836.3M 544.14M 53.69% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

SWX EPS Q2Q GrowthSWX EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 Q1/27 Q3/27 0 100 -100 200 300

Revenue Historical Q2Q growth and Acceleration

SWX Revenue Q2Q GrowthSWX Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 0 50 -50 100

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
4
Average EPS beat (4)
12.76%
Max EPS beat (4)
21.24%
Min EPS beat (4)
0.55%

Revenue beat statistics

Revenue beat (4)
0
Average Revenue beat (4)
-32.54%
Max Revenue beat (4)
-5.29%
Min Revenue beat (4)
-66.15%

Analysis

In the last 4 quarters, SWX has consistently beaten EPS estimates in all releases
SWX has not beaten revenue estimates in any of the last 4 earnings releases
In the last 4 quarters, SWX has beaten the EPS estimates by 12.8% on average.
In the last 4 quarters, SWX reported -32.5% below the revenue estimates on average.
→ Find peers who consistently beat earnings by at least 10% in the last 4 quarters

SOUTHWEST GAS HOLDINGS INC / SWX Earnings FAQ

When did SOUTHWEST GAS HOLDINGS INC (SWX) report earnings last quarter?

SOUTHWEST GAS HOLDINGS INC (SWX) last reported earnings on 2/25/2026.


Did SWX stock beat earnings estimates in the most recent quarter?

SOUTHWEST GAS HOLDINGS INC (SWX) beat EPS estimates and missed revenue estimates in the most recent quarter.


What percentage of the time does SWX stock beat earnings estimates?

In the last 4 quarters, SOUTHWEST GAS HOLDINGS INC (SWX) has beaten EPS estimates in 4 out of 4 releases.