PORTLAND — Northwest Natural Holding Company (NWN) on Friday reported a loss of $20.7 million in its third quarter.
The Portland, Oregon-based company said it had a loss of 67 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 74 cents per share.
The natural gas distributor posted revenue of $101.4 million in the period.
Northwest Natural expects full-year earnings to be $2.40 to $2.60 per share.