LAS VEGAS, April 22 /PRNewswire-FirstCall/ -- Southwest Gas Corporation
(NYSE: SWX)(Southwest) expects its first quarter 2003 operating results to
fall short of the consensus street estimate by approximately one-third.
Southwest attributes the lower results to warmer-than-normal weather in its
two primary operating areas. Nevada experienced its warmest January on record
and Arizona its second warmest. Unseasonably warm temperatures continued
through March.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010823/SWXLOGO )
Southwest Gas expects to release its earnings for the first quarter near
the end of April.
This press release may contain statements which constitute "forward-
looking statements" within the meaning of the Securities Litigation Reform Act
of 1995 (Reform Act). All such forward-looking statements are intended to be
subject to the safe harbor protection provided by the Reform Act. A number of
important factors affecting the business and financial results of the Company
could cause actual results to differ materially from those stated in the
forward-looking statements. These factors include, but are not limited to,
the impact of weather variations on customer usage, customer growth rates,
natural gas prices, the effects of regulation/deregulation, the timing and
amount of rate relief, changes in gas procurement practices, changes in
capital requirements and funding, acquisitions, and competition.
SOURCE Southwest Gas Corporation
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Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20010823/SWXLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, 888-776-6555 or 212-782-2840
Related links:
http://www.swgas.com
CONTACT:
Media, Roger Buehrer, Las Vegas, NV,
+1-702-876-7132, or Shareholder, Ken Kenny, Las Vegas, NV,
+1-702-876-7237, both of Southwest Gas Corporation
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