NorthWestern (NWE) Misses Q4 EPS by 7c
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NorthWestern Reports 2015 Financial Results
February 11, 2016 6:01 AM ESTSIOUX FALLS, S.D., Feb. 11, 2016 /PRNewswire/ -- NorthWestern Corporation d/b/a NorthWestern Energy (NYSE: NWE) reported financial results for the year ended December 31, 2015. Net income for the period was $151.2 million, or $3.17 per diluted share, as compared with net income of $120.7 million, or $2.99 per diluted share, for the same period in 2014. This $30.5 million, or 25.3%, increase in net income in 2015 is primarily due to the full year effect of the November 2014 hydro acquisition and an insurance recovery received in 2015. These increases were partially offset by increased income tax expense and warmer winter... More
