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

NorthWestern Energy

28/10/2023 24:35

* NorthWestern Corp  NWE.OQ  reported quarterly adjusted
earnings
of 49 cents​​ per share for the quarter ended in September. The
mean expectation of seven analysts for the quarter was
for earnings of 59 cents per share.
    * Revenue fell 4.2% to $321.09 million from a year ago;
analysts
expected $347.20 million. 
    * NorthWestern Corp's reported EPS for the quarter was 48
cents​.
    * The mean earnings estimate of analysts had fallen by
about 27.8%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * NorthWestern Corp shares had fallen by 0.9% this
quarter and
lost 19.7% so far this year.
    * The company reported quarterly net income of $29.34
million.
    * Wall Street's median 12-month price target for
NorthWestern Corp
is $55.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 27 at 11:34 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.59           0.49           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