NorthWestern (NWE) Tops Q2 EPS by 20c

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Go back to NorthWestern (NWE) Tops Q2 EPS by 20c

NorthWestern Energy Reports Second Quarter 2015 Financial Results

July 23, 2015 6:00 AM EDT

SIOUX FALLS, S.D., July 23, 2015 /PRNewswire/ -- NorthWestern Corporation d/b/a NorthWestern Energy (NYSE: NWE) reported financial results for the quarter ended June 30, 2015.  Net income for the period was $31.0 million, or $0.65 per diluted share, as compared with net income of $7.7 million, or $0.20 per diluted share, for the same period in 2014.  This $23.3 million increase in net income is primarily the result of an insurance settlement and the addition of our November 2014 hydro acquisition.  These improvements were partially offset by an adjustment made to an estimated liability related to a Qualified Facilities... More