Northwest Natural: 2Q Earnings Snapshot
PORTLAND, Ore. (AP) _ Northwest Natural Holding Company (NWN) on Tuesday reported second-quarter net income of $1.1 million, after reporting a loss in the same period a year earlier.
The Portland, Oregon-based company said it had profit of 4 cents per share. Earnings, adjusted to account for discontinued operations, were 7 cents per share.
The natural gas distributor posted revenue of $123 million in the period.
Northwest Natural expects full-year earnings in the range of $2.25 to $2.45 per share.
Northwest Natural shares have risen 16% since the beginning of the year. The stock has climbed almost 9% in the last 12 months.