Southwest Gas Reports Strong Q3 2026 Earnings Driven by Regulatory Wins and Cost Management
Southwest Gas (SWX) reported significant growth in its third quarter 2026 results, with adjusted earnings per share rising to $0.20 compared to $0.06 in the same period last year. The company's year-to-date adjusted EPS increased by 18% year-over-year, a performance attributed to favorable regulatory outcomes and disciplined cost management strategies. Looking ahead, management reaffirmed its full-year 2026 guidance of $4.17 to $4.32 per share and maintained a long-term annual EPS growth target of 12% to 14% through 2030. Growth is expected to be fueled by substantial infrastructure investments, including the Great Basin expansion project, which carries an estimated total investment of $2.3 billion and is projected to deliver significant incremental margins starting in late 2028.
Tickers: $SWX
Topics: earnings report financial guidance infrastructure investment regulatory outcomes