BUTTE, Mont. and SIOUX FALLS, S.D., April 25, 2024 (GLOBE NEWSWIRE) — NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) reported financial results for the three months ended March 31, 2024. Net income for the period was $65.1 million, or $1.06 per diluted share, as compared with net income of $62.5 million, or $1.05 per diluted share, for the same period in 2023.
https://www.northwesternenergy.com/investors/earnings(2) Utility Margin is a Non-GAAP financial measure. See “Reconciliation of gross margin to utility margin” above and “Non-GAAP Financial Measures” below.
(3) Excluding fuel, purchased supply and direct transmission expense.March 31, 2024 vs. 2023Income(Expense)
BenefitIncomeEarningsPer Share(2) Excluding fuel, purchased supply, and direct transmission expense
(3) Income Tax (Expense) Benefit calculation on reconciling items assumes blended federal plus state effective tax rate of 25.3%.SIGNIFICANT TRENDS AND REGULATIONMarch 31,2024 vs. 2023ExpensesIncomeIncomeEPSIncomeIncomeEPS
(GlobeNewsWire)