Recap: Northwest Natural Q1 Earnings

Northwest Natural Hldg 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.

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.

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).

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.

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