NorthWestern Corp. (NWE) Set to Announce Earnings on Thursday
NorthWestern Corp. (NYSE:NWE) will release its Q313 earnings data on Thursday, October 24th. Analysts expect NorthWestern Corp. to post earnings of $0.42 per share and revenue of $244.60 million for the quarter. NorthWestern Corp. has set its FY13 guidance at $2.45-2.60 EPS.
NorthWestern Corp. (NYSE:NWE) last released its earnings data on Thursday, July 25th. The company reported $0.35 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.30 by $0.05. The company had revenue of $250.16 million for the quarter, compared to the consensus estimate of $249.50 million. During the same quarter last year, the company posted $0.31 earnings per share. NorthWestern Corp.’s revenue was up 2.3% compared to the same quarter last year.
Shares of NorthWestern Corp. (NYSE:NWE) opened at 46.53 on Wednesday. NorthWestern Corp. has a 52-week low of $32.98 and a 52-week high of $44.33. The stock’s 50-day moving average is $41.31 and its 200-day moving average is $40.92. The company has a market cap of $1.789 billion and a price-to-earnings ratio of 16.35.
A number of research firms have recently commented on NWE. Analysts at Ladenburg Thalmann raised their price target on shares of NorthWestern Corp. from $46.00 to $48.00 in a research note to investors on Monday, September 30th. They now have a “buy” rating on the stock. Analysts at Williams Capital raised their price target on shares of NorthWestern Corp. from $41.00 to $43.00 in a research note to investors on Friday, July 26th. They now have a “hold” rating on the stock. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $46.00.
NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to approximately 668,300 customers in Montana, South Dakota and Nebraska.
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