NorthWestern Corp reports results for the quarter ended in June - Earnings Summary

NorthWestern Energy

25/07/2023 02:00

* NorthWestern Corp  NWE.OQ  reported quarterly adjusted
earnings
of 35 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
52 cents per share.
    * Revenue fell 10.1% to $290.50 million from a year ago;
analysts
expected $347.76 million. 
    * NorthWestern Corp's reported EPS for the quarter was 32
cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.7%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * NorthWestern Corp shares had risen by 1.1% this
quarter and
lost 3.3% so far this year.
    * The company reported quarterly net income of $19.1
million.
    * Wall Street's median 12-month price target for
NorthWestern Corp
is $59.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
25 at 01:00 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.52           0.35           Missed
 Mar. 31 2023      1.11           1.05           Missed
 Dec. 31 2022      1.16           1.13           Missed
 Sep. 30 2022      0.59           0.42           Missed