NewzLAS VEGAS (AP) — LAS VEGAS (AP) — Southwest Gas Corp. (SWX) on Wednesday reported second-quarter earnings of $42.1 million. On a per-share basis, the Las Vegas-based company said it had net income of 58 cents.
Earnings, adjusted for non-recurring gains, came to 45 cents per share. The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share.
The natural gas company posted revenue of $358.2 million in the period. Southwest Gas expects full-year earnings in the range of $4.17 to $4.32 per share. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.
Access a Zacks stock report on SWX at https://www.zacks.com/ap/SWX Source (MDLN) on Wednesday reported second-quarter earnings of $60 million. On a per-share basis, the Northfield, Illinois-based company said it had profit of 7 cents.
Earnings, adjusted for one-time gains and costs, came to 50 cents per share. The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share.
The medical supply company posted revenue of $7.69 billion in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $7.49 billion. Access a Zacks stock report on MDLN at https://www.zacks.com/ap/MDLN Source
Summary from source