NorthWestern Corp. (NWE) Tops Q1 EPS by 9c; Reaffirms Outlook

NorthWestern Corp. (NYSE: NWE) reported Q1 EPS of $1.17, $0.09 better than the analyst estimate of $1.08. Revenue for the quarter came in at $369.7 million versus the consensus estimate of $326 million.

NorthWestern Corp. sees FY2014 EPS of $2.60-$2.75, versus the consensus of $2.70.

"With the prolonged severe cold weather driving up natural gas prices across the country, our approximately 32% owned gas production, including the recently-acquired Bear Paw South assets, provided our Montana customers a great benefit with more stable supply prices," said Bob Rowe, Chief Executive Officer. "The colder weather we experienced in the first quarter increased our retail electric and gas volumes and contributed to our earnings."

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

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