trending Market Intelligence /marketintelligence/en/news-insights/trending/zsaeyy8frohexxbf1w2kzq2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

NorthWestern Energy Q2 adjusted EPS beats estimate by wide margin

Shareholder Advocates Say New SEC Policy To Prompt Litigation, Less Transparency

Groups Urge Business Roundtable CEOs To Act On New Corporate Purpose Declaration

State of South Korean OTT Video: Subscription

Global Streaming Media Device Sales Forecast To Flatten In 5 Year Outlook


NorthWestern Energy Q2 adjusted EPS beats estimate by wide margin

Northwestern Energy, known legally as , on July 22reported second-quarter 2016 adjusted EPS of 65 cents, compared with adjustedEPS of 48 cents in the same quarter of 2015.

The result beats the second-quarter 2016 consensusnormalized EPS estimate of 55 cents as aggregated by S&P Capital IQ.

On a GAAP basis, the company recorded a 14.8% year-over-yearincrease in net income to $35.6 million, or 73 cents per share, from $31.0 million,or 65 cents per share, a year ago.

The increase was attributed to improvements in gross marginand income tax expense, partially offset by higher operating expense due to a$20.8 million insurance recovery that reduced operating expense in 2015, Northwesternsaid.

Second-quarter revenues increased to $293.1 million in 2016,from $270.6 million a year ago, while operating income increased $2.6 millionyear over year to $63.7 million during the most recent quarter.

NorthWestern reaffirmedits full-year 2016 adjusted EPS guidance range of $3.20 to $3.35.

S&P Capital IQ andS&P Global Market Intelligence are owned by S&P Global Inc.