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The Sioux Falls, South Dakota-based company said it had net income of 72 cents per share.
The electric and gas utility posted revenue of $298.2 million in the period.
NorthWestern expects full-year earnings in the range of $3.43 to $3.58 per share.
NorthWestern shares have climbed nearly 8% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $62.72, an increase of 16% in the last 12 months.
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BRIEF-NorthWestern Reports First Quarter 2021 Financial Results Reuters 2 hrs ago REPORTS (NOT SEES ) FY 2020 NON-GAAP EARNINGS PER SHARE $3.35 NORTHWESTERN REPORTS FIRST QUARTER 2021 FINANCIAL RESULTS Q1 EARNINGS PER SHARE $1.24 Q1 REVENUE $400.8 MILLION ANTICIPATE INITIATING A $200 MILLION AT MARKET (ATM) OFFERING DURING Q2 OF 2021 AND BEGIN ISSUING EQUITY UNDER THAT PROGRAM AFFIRMS ITS PREVIOUSLY ANNOUNCED 2021 EARNINGS GUIDANCE RANGE OF $3.40 - $3.60 PER DILUTED SHARE Source text for Eikon: Further company coverage: