NW Natural Q4 Revenue at $394.16M, Below Consensus
Reports Q4 revenue $394.16M, consensus $420.04M. "Last year was a pivotal year," said Justin Palfreyman, President and CEO of NW Natural Holdings. "We delivered record adjusted earnings per share at the top of our guidance range, deployed a record amount of capital to support customers, and reported our strongest organic customer growth in nearly two decades. I'm incredibly proud that NW Natural gas customers' bills are about the same as they were 20 years ago - a testament to disciplined cost management and long-term rate stability. The strategic decisions we've made over the last few years have resulted in three strong, growing businesses with a long runway of opportunity. Projects like our new MX3 storage expansion strengthen regional reliability, energy affordability, and support our long-term growth outlook. With momentum on our side, we're executing with discipline and creating value for our customers and shareholders."
