NorthWestern Q2 EPS $0.35 Misses $0.54 Estimate, Sales $290.50M Miss $349.41M Estimate
Portfolio Pulse from Benzinga Newsdesk
NorthWestern (NASDAQ:NWE) reported Q2 earnings of $0.35 per share, missing the analyst consensus estimate of $0.54 by 35.19%. This is a 35.19% decrease from the same period last year. The company also reported quarterly sales of $290.50 million, missing the analyst consensus estimate of $349.41 million by 16.86%. This is a 10.06% decrease from the same period last year.
July 25, 2023 | 5:04 am
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NorthWestern's Q2 earnings and sales missed estimates, with a significant YoY decrease. This could negatively impact the company's stock price in the short term.
NorthWestern's earnings and sales for Q2 significantly missed estimates, and both figures are down from the same period last year. This underperformance could lead to a decrease in the company's stock price in the short term as it indicates potential financial instability.
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