PORTLAND — Northwest Natural Holding Company (NWN) on Tuesday reported a first-quarter profit of $43.2 million.
The Portland-based company said it had profit of $1.49 per share. Earnings, adjusted for one-time gains and costs, came to $1.73 per share.
The natural gas distributor posted revenue of $285.3 million in the period.
Northwest Natural expects full-year earnings to be $2.25 to $2.45 per share.
Northwest Natural shares have risen 14 percent since the beginning of the year. The stock increased 10 percent in the last 12 months.
