earnings
confidence high
sentiment positive
materiality 0.70
NorthWestern Energy beats 2023 adj EPS guidance; raises dividend to $0.65
NorthWestern Energy Group, Inc.
2023-FY EPS reported
$3.22
revenue$1,422,143,000
- GAAP net income $194.1M, diluted EPS $3.22 vs $3.25 prior year.
- Non-GAAP adjusted diluted EPS $3.27, above guidance range of $3.00-$3.10.
- Affirms 2024 EPS guidance $3.42-$3.62 and 4%-6% long-term growth target.
- Quarterly dividend increased 1.6% to $0.65/share, payable March 29, 2024.
- Improvement driven by lower operating costs and lower Montana electric supply costs.