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Northwest Natural: 3Q Earnings Snapshot

By Associated Press
Published: November 5, 2020, 8:09am

PORTLAND — Northwest Natural Holding Company (NWN) on Thursday reported a loss of $17.9 million in its third quarter.

On a per-share basis, the Portland, Oregon-based company said it had a loss of 59 cents. Losses, adjusted to account for discontinued operations, came to 61 cents per share.

The natural gas distributor posted revenue of $93.3 million in the period.

Northwest Natural expects full-year earnings to be $2.25 to $2.45 per share.

Northwest Natural shares have decreased 40% since the beginning of the year. The stock has fallen 34% in the last 12 months.

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