Will Southwest Gas (SWX) Beat Estimates Again in Its Next Earnings Report?

Core Viewpoint - Southwest Gas (SWX) has a strong track record of exceeding earnings estimates and is well-positioned for continued success in upcoming quarterly reports [1][5]. Earnings Performance - For the last reported quarter, Southwest Gas achieved earnings of $1.65 per share, surpassing the Zacks Consensus Estimate of $1.61 per share, resulting in a surprise of 2.48% [2]. - In the previous quarter, the company was expected to report earnings of $1.15 per share but delivered $1.39 per share, leading to a significant surprise of 20.87% [2]. Earnings Estimates and Predictions - Recent estimates for Southwest Gas have been trending upward, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8]. - The current Earnings ESP for Southwest Gas stands at +8.00%, reflecting increased analyst optimism regarding the company's earnings prospects [8]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, suggesting that last-minute analyst revisions may provide more accurate predictions [7].