Overview

* Utility firm NorthWestern's Q3 2025 revenue beats analyst expectations, reaching $387 mln

* Adjusted EPS for Q3 2025 beats consensus, rising to $0.79 from $0.65 last year

Outlook

* NorthWestern affirms 2025 EPS guidance of $3.53 to $3.65 per share

* Company maintains long-term EPS growth rate of 4% to 6%

* NorthWestern affirms $2.7 bln capital investment plan for 2025-2029

Result Drivers

* OPERATING EXPENSES - Higher operating expenses, including merger-related costs

* RETAIL VOLUMES - Favorable weather and customer growth increased electric and natural gas retail volumes

* NEW RATES - New rates and customer usage supported adjusted EPS growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $387 mln $376 mln

Revenue (3

Analysts

)

Q3 Beat $0.79 $0.74 (6

Adjusted Analysts

EPS )

Q3 Net $38.2

Income mln

Q3 $306.7

Operatin mln

g

Expenses

Q3 $80.3

Operatin mln

g Income

Q3 $47 mln

Pretax

Profit

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the electric utilities peer group is "buy"

* Wall Street's median 12-month price target for NorthWestern Energy Group Inc ( NWE ) is $60.00, about 0.3% below its October 29 closing price of $59.83

* The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)