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NorthWestern Reports First Quarter 2021 Financial Results

NorthWestern Reports First Quarter 2021 Financial Results Company reports GAAP diluted earnings per share of $1.24 for the quarter, affirms 2021 earnings guidance and announces a $0.62 per share quarterly dividend payable June 30, 2021 BUTTE, Mont. and SIOUX FALLS, S.D., April 21, 2021 (GLOBE NEWSWIRE) NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) reported financial results for the three months ended March 31, 2021. Net income for the period was $63.1 million, or $1.24 per diluted share, as compared with net income of $50.7 million, or $1.00 per diluted share, for the same period in 2020. This increase was primarily due to improved gross margin from colder winter weather and lower operating costs, partly offset by higher Montana electric supply costs and depreciation expense, and lower income tax benefit.

NorthWestern Reports 2020 Financial Results

Press release content from Globe Newswire. The AP news staff was not involved in its creation. NorthWestern Reports 2020 Financial Results NorthWestern CorporationFebruary 11, 2021 GMT Company reports GAAP diluted earnings per share of $3.06 for 2020, affirms 2021 earnings guidance and announces a 3.3% increase to the quarterly dividend - to $0.62 per share - payable March 31, 2021 BUTTE, Mont. and SIOUX FALLS, S.D., Feb. 11, 2021 (GLOBE NEWSWIRE) NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) reported financial results for the year ended December 31, 2020.  Net income for the period was $155.2 million, or $3.06 per diluted share, as compared with net income of $202.1 million, or $3.98 per diluted share, for the same period in 2019. This $46.9 million decrease in net income is primarily due to an income tax benefit in 2019, lower gross margin in 2020 due to warmer winter weather and impacts of the COVID-19 pandemic, a disallowance of prior period supply costs

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