NWE - Earnings announcements

Increased scale and business line diversity to result in a stronger, more resilient platform to safely, reliably, and cost-effectively meet customers' rising energy needs Merger expected to be accretive to each company's EPS in the first year following the close of transaction Combined company supports an increased long-term EPS target growth rate of 5% to 7% Contiguous service territory with attractive growth profile expected to provide additional investment opportunities beyond each company's current capital investment plan Strong and predictable earnings and cash flows with more efficient access to capital to be credit-enhancing and support a high-quality credit profile, an enhanced

BUTTE, Mont. and SIOUX FALLS, S.D., Oct. 24, 2022 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (NASDAQ:NWE) reported financial results for the three months ended September 30, 2022. Net income for the period was $27.4 million, or $0.47 per diluted share, as compared with net income of $35.2 million, or $0.68 per diluted share, for the same period in 2021. This decrease was primarily due to lower utility margin, higher interest expense, higher administrative and general costs and higher depreciation and depletion. Earnings per share was additionally impacted by higher outstanding share count in the current period. After adjusting for non-GAAP items, non-GAAP net i

BUTTE, Mont. and SIOUX FALLS, S.D.,, July 27, 2022 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (NASDAQ:NWE) reported financial results for the three months ended June 30, 2022. Net income for the period was $29.8 million, or $0.54 per diluted share, as compared with net income of $37.2 million, or $0.72 per diluted share, for the same period in 2021. The decrease in net income was primarily due to a less favorable electric Qualifying Facility (QF) liability adjustment as compared to the prior period, higher operating and maintenance costs, higher administrative and general costs, recognition in the prior period of deferred transmission revenues, and higher deprec

BUTTE, Mont. and SIOUX FALLS, S.D., April 28, 2022 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (NASDAQ:NWE) reported financial results for the three months ended March 31, 2022. Net income for the period was $59.1 million, or $1.08 per diluted share, as compared with net income of $63.1 million, or $1.24 per diluted share, for the same period in 2021. This $4.0 million decrease was primarily driven by lower Montana and Nebraska residential natural gas volumes, higher operating costs, and higher income tax expense. These unfavorable items were partly offset by higher Montana electric transmission revenue and electric retail volumes. "Earnings for the quarter were

BUTTE, Mont. and SIOUX FALLS, S.D., Oct. 24, 2021 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (NASDAQ:NWE) reported financial results for the three months ended September 30, 2021. Net income for the period was $35.2 million, or $0.68 per diluted share, as compared with net income of $29.5 million, or $0.58 per diluted share, for the same period in 2020. This increase was primarily driven by higher Montana transmission loads and rates and warmer summer weather, partly offset by higher operating costs, lower supply cost recovery, an unfavorable QF liability adjustment compared with the prior period, and higher income tax expense. "We are pleased to report strong

BUTTE, Mont. and SIOUX FALLS, S.D., Oct. 04, 2021 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (NASDAQ:NWE) today announced that it will host an investor conference call and webinar on Monday, October 25, 2021, at 3:30 p.m. Eastern to review its financial results for the quarter ending September 30, 2021. The Company also plans to issue a news release detailing its second quarter financial results the evening of October 24, 2021. To register for the webinar, please visit https://zoom.us/webinar/register/WN_0IR1GisrRoudVv0lDXcAcw or visit the "Financial Results" section of our website at www.northwesternenergy.com. Please go to the site at least 15 minutes in adva

BUTTE, Mont. and SIOUX FALLS, S.D., July 27, 2021 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (NASDAQ:NWE) reported financial results for the three months ended June 30, 2021. Net income for the period was $37.2 million, or $0.72 per diluted share, as compared with net income of $21.5 million, or $0.43 per diluted share, for the same period in 2020. This increase was primarily due to improved gross margin from higher Montana transmission loads and rates, a larger benefit from our electric qualifying facility (QF) liability adjustment and warmer spring weather in June. This increase was partly offset by higher operating costs and income tax expense. "In additio