NorthWestern (NWE) Tops Q1 EPS by 4c

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Go back to NorthWestern (NWE) Tops Q1 EPS by 4c

NorthWestern Reports First Quarter 2018 Financial Results

April 24, 2018 6:00 PM EDT

SIOUX FALLS, S.D., April 24, 2018 /PRNewswire/ -- NorthWestern Corporation d/b/a NorthWestern Energy (NYSE: NWE) reported financial results for the quarter ended March 31, 2018.  Net income for the period increased 3.4% to $58.5 million, or $1.18 per diluted share, as compared with net income of $56.6 million, or $1.17 per diluted share, for the same period in 2017. This $1.9 million increase in net income in 2018 is primarily due to colder winter weather, higher Montana natural gas rates and increased demand for transmission on our system and lower operating, general and administrative expense in 2018. Additional information regarding... More