NorthWestern Energy Group, Inc. (NWE) revealed earnings for second quarter that Decreased from the same period last year and missed the Street estimates.
The company's bottom line totaled $21.20 million, or $0.35 per share. This compares with $31.70 million, or $0.52 per share, last year.
Excluding items, NorthWestern Energy Group, Inc. reported adjusted earnings of $24.10 million or $0.40 per share for the period.
Analysts on average had expected the company to earn $0.77 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 7.1% to $342.70 million from $319.90 million last year.
NorthWestern Energy Group, Inc. earnings at a glance (GAAP) :
-Earnings: $21.20 Mln. vs. $31.70 Mln. last year.
-EPS: $0.35 vs. $0.52 last year.
-Revenue: $342.70 Mln vs. $319.90 Mln last year.
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