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Southwest Gas to Post Q3 Earnings: What's in the Cards for the Stock?
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Key Takeaways
Southwest Gas' Q3 earnings are expected to surge 183.3% to 17 cents, while revenues may rise 0.2% to $317.6M.
Regulatory rate relief, infrastructure cost recovery and rising data center demand may support SWX's earnings.
SWX's customer growth and cost controls may boost Q3 results, while its Earnings ESP stands at 8.00%.
Southwest Gas Holdings Inc. (SWX - Free Report) is scheduled to release third-quarter 2026 results on Nov. 4, before market open. The company delivered a negative surprise of 4.26% in the last reported quarter.
Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.
Key Factors Likely to Influence SWX’s Q3 Results
Southwest Gas' third-quarter earnings are expected to have benefited from continued regulatory rate relief and timely recovery of infrastructure investments across its service territories. Continued customer growth across Arizona, Nevada and California, supported by regional economic development, is expected to have provided further support.
Growing demand from data centers, semiconductor manufacturing, advanced manufacturing, housing development and other commercial and industrial customers is likely to have supported new service connections and operating margin growth.
The company’s continued focus on operational efficiency and cost management is also anticipated to have bolstered its third-quarter earnings.
Q3 Expectations for SWX
The Zacks Consensus Estimate for earnings is pegged at 17 cents per share, which implies a year-over-year surge of 183.3%.
The Zacks Consensus Estimate for revenues is pegged at $317.6 million, indicating an increase of 0.2% from the year-ago reported number.
What Our Quantitative Model Predicts for SWX
Our proven model predicts an earnings beat for Southwest Gas this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here, as you will see below.
Earnings ESP: The company’s Earnings ESP is +8.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Investors may consider the following players from the same sector, as these also have the right combination of elements to post an earnings beat this reporting cycle.
Duke Energy Corporation (DUK - Free Report) is slated to report its third-quarter 2026 results on Nov. 5, before market open. It has an Earnings ESP of +1.07% and a Zacks Rank of 3 at present.
DUK’s long-term (three to five years) earnings growth rate is 6.38%. The Zacks Consensus Estimate for earnings is pegged at $1.87 per share, which suggests a year-over-year rise of 3.3%.
The Southern Company (SO - Free Report) is set to report its third-quarter 2026 results on Nov. 5, before market open. It has an Earnings ESP of +0.84% and a Zacks Rank of 3 at present.
SO’s long-term earnings growth rate is 8.28%. The Zacks Consensus Estimate for earnings stands at $1.71 per share, which calls for a year-over-year jump of 6.9%.
New Jersey Resources Corporation (NJR - Free Report) is slated to report its fourth-quarter fiscal 2026 results on Nov. 18, after market close. It has an Earnings ESP of +2.85% and a Zacks Rank of 3 at present.
NJR’s long-term earnings growth rate is 5%. The Zacks Consensus Estimate for earnings stands at 12 cents per share.
View the Zacks #1 Rank List
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Southwest Gas to Post Q3 Earnings: What's in the Cards for the Stock?
Key Takeaways
Southwest Gas Holdings Inc. (SWX - Free Report) is scheduled to release third-quarter 2026 results on Nov. 4, before market open. The company delivered a negative surprise of 4.26% in the last reported quarter.
Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.
Key Factors Likely to Influence SWX’s Q3 Results
Southwest Gas' third-quarter earnings are expected to have benefited from continued regulatory rate relief and timely recovery of infrastructure investments across its service territories. Continued customer growth across Arizona, Nevada and California, supported by regional economic development, is expected to have provided further support.
Growing demand from data centers, semiconductor manufacturing, advanced manufacturing, housing development and other commercial and industrial customers is likely to have supported new service connections and operating margin growth.
The company’s continued focus on operational efficiency and cost management is also anticipated to have bolstered its third-quarter earnings.
Q3 Expectations for SWX
The Zacks Consensus Estimate for earnings is pegged at 17 cents per share, which implies a year-over-year surge of 183.3%.
The Zacks Consensus Estimate for revenues is pegged at $317.6 million, indicating an increase of 0.2% from the year-ago reported number.
What Our Quantitative Model Predicts for SWX
Our proven model predicts an earnings beat for Southwest Gas this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here, as you will see below.
Southwest Gas Corporation Price and EPS Surprise
Southwest Gas Corporation price-eps-surprise | Southwest Gas Corporation Quote
Earnings ESP: The company’s Earnings ESP is +8.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Currently, Southwest Gas carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Other Stocks to Consider
Investors may consider the following players from the same sector, as these also have the right combination of elements to post an earnings beat this reporting cycle.
Duke Energy Corporation (DUK - Free Report) is slated to report its third-quarter 2026 results on Nov. 5, before market open. It has an Earnings ESP of +1.07% and a Zacks Rank of 3 at present.
DUK’s long-term (three to five years) earnings growth rate is 6.38%. The Zacks Consensus Estimate for earnings is pegged at $1.87 per share, which suggests a year-over-year rise of 3.3%.
The Southern Company (SO - Free Report) is set to report its third-quarter 2026 results on Nov. 5, before market open. It has an Earnings ESP of +0.84% and a Zacks Rank of 3 at present.
SO’s long-term earnings growth rate is 8.28%. The Zacks Consensus Estimate for earnings stands at $1.71 per share, which calls for a year-over-year jump of 6.9%.
New Jersey Resources Corporation (NJR - Free Report) is slated to report its fourth-quarter fiscal 2026 results on Nov. 18, after market close. It has an Earnings ESP of +2.85% and a Zacks Rank of 3 at present.
NJR’s long-term earnings growth rate is 5%. The Zacks Consensus Estimate for earnings stands at 12 cents per share.