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Southwest Gas Holdings, Inc. Announces First Quarter 2021 Earnings


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LAS VEGAS, May 6, 2021 /PRNewswire/  Southwest Gas Holdings, Inc. (NYSE: SWX) announced consolidated earnings of $2.03 per diluted share for the first quarter of 2021, a $0.72 increase from consolidated earnings of $1.31 per diluted share for the first quarter of 2020. Consolidated net income was $117.3 million for the first quarter of 2021, compared to consolidated net income of $72.5 million for the first quarter of 2020. The natural gas segment had net income of $118.7 million for the first quarter of 2021 compared to net income of $83.6 million for the first quarter of 2020, while the utility infrastructure services segment had a net loss of $859,000 in the first quarter of 2021 compared to a net loss of $10.2 million in the first quarter of 2020. Due to the seasonal nature of the Company s businesses, results for quarterly periods are not generally indicative of earnings for a complete twelve-month period. Consolidated cu ....

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