What To Expect From Northwest Natural Holding Company ($NWN) 2Q20 Earnings

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Northwest Natural Holding Company (NYSE:NWN) is reporting second quarter financial results on Friday 7th August 2020, before market open.

According to analysts surveyed by Thomson Reuters, NWN is expected to report 2Q20 loss of $ 0.03 per share from revenue of $ 132.71 million.

For the full year, analysts anticipate top line of $ 790.56 million, while looking forward to income of $ 2.29 per share bottom line.

The Company Outlook

Full Year 2020 bottomline are predicted in a range of $ 2.25 ~ $ 2.25 per share

Click Here For More Historical Outlooks Of Northwest Natural Holding Company

Previous Quarter Performance

Northwest Natural Holding Company communicated income for the first quarter of $ 1.58 per share, from the revenue of $ 285.15 million. The quarterly earnings lowered 8.14 percent while revenues fell 0.07 percent compared with the same quarter last year.
The consensus estimates are income of $ 1.57 per share from $ 300.07 million in revenue. The bottom line results beat street analysts by $ 0.01 or 0.64 percent, at the same time, top line results fell short of analysts by $ 14.92 million or 4.97 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Northwest Natural Holding Company

Stock Performance

The company has a market capital of $ 1.64 billion and is part of the Utilities sector and Utilities – Regulated Gas industry.

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Conference Call

Northwest Natural Holding Company will be hosting a conference call at 11:00 AM eastern time on 7th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.nwnatural.com

Northwest Natural Holding Company, through its subsidiary, Northwest Natural Gas Company, provides regulated natural gas distribution services to residential, commercial, and industrial customers in Oregon and Southwest Washington. It is also involved in the gas storage activities, water businesses, and other investments and activities. The company was founded in 1859 and is headquartered in Portland, Oregon.