NorthWestern (NWE) Misses Q3 EPS by 5c; Trims FY15 EPS Midpoint
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NorthWestern Energy Reports Third Quarter 2015 Financial Results
October 22, 2015 6:00 AM EDTSIOUX FALLS, S.D., Oct. 22, 2015 /PRNewswire/ -- NorthWestern Corporation d/b/a NorthWestern Energy (NYSE: NWE) reported financial results for the quarter ended September 30, 2015. Net income for the quarter was $23.8 million, or $0.51 per diluted share, as compared with net income of $30.2 million, or $0.77 per diluted share, for the same period in 2014. This $6.4 million or 21% decrease in net income is primarily the result of a $16.9 million income tax benefit recognized in the third quarter last year partially offset by income from the November 2014 hydro acquisition. Earnings per share decreased... More
