NorthWestern (NWE) Tops Q2 EPS by 16c

NorthWestern (NYSE: NWE) reported Q2 EPS of $0.63, $0.16 better than the analyst estimate of $0.47. Revenue for the quarter came in at $261.82 million versus the consensus estimate of $288.08 million.

"A significant gain related to an old vintage of Qualified Facilities contracts complemented what was already a respectable quarter for NorthWestern - both operationally and financially," said Bob Rowe, President and Chief Executive Officer. "Annualized customer growth in excess of one percent across our service territory, slightly favorable weather as compared to the same quarter last year, and increased usage of our transmission system all contributed to a solid quarter."

For earnings history and earnings-related data on NorthWestern (NWE) click here.

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