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News / Business / Business Briefs

Northwest Natural reports Q3 loss of $19.3 million

By Associated Press
Published: November 5, 2019, 6:06pm

PORTLAND — Northwest Natural Holding Company on Tuesday reported a loss of $19.3 million in its third quarter.

The Portland-based company said it had a loss of 63 cents per share. Losses, adjusted to account for discontinued operations, were 61 cents per share.

The natural gas distributor posted revenue of $90.3 million in the period.

Northwest Natural expects full-year earnings in the range of $2.25 to $2.45 per share.

Northwest Natural shares have risen 11 percent since the beginning of the year. The stock has climbed 3 percent in the last 12 months.

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