earnings
confidence high
sentiment positive
materiality 0.80
NorthWestern Q3 GAAP EPS $0.48; initiates 2023/2024 guidance; raises long-term growth to 4%-6%
NorthWestern Energy Group, Inc.
2023-Q3 EPS reported
$1.85
revenue$1,066,134,000
- GAAP diluted EPS $0.48 ($29.3M net income), up from $0.47; Non-GAAP adjusted EPS $0.49 vs $0.44.
- Initiated 2023 non-GAAP EPS guidance $3.00-$3.10 and 2024 GAAP EPS guidance $3.42-$3.62.
- Increased long-term adjusted EPS growth target to 4%-6% from a 2022 adjusted base year.
- Declared $0.64 quarterly dividend payable Dec 29, 2023; affirmed $510M 2023 capital plan.
- Montana rate settlement approved, providing regulatory foundation for execution.