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Southwest Gas posts increase in Q2 consolidated net income, beats estimates

Southwest Gas Holdings Inc. on Aug. 7 posted consolidated net income of $21.6 million, or 44 cents per share, in the second quarter, up from $17.9 million, or 37 cents per share, a year ago.

The S&P Global Market Intelligence consensus normalized earnings estimate for the second quarter was 33 per share.

Consolidated operating revenue for the quarter was $670.9 million, an increase over $560.5 million in the year-ago quarter.