NorthWestern Q3 EPS $0.49 Misses $0.59 Estimate, Sales $321.10M Miss $347.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
NorthWestern (NASDAQ:NWE) reported Q3 earnings of $0.49 per share, missing the analyst consensus estimate of $0.59 by 16.95%. This is a 16.67% increase from the same period last year. The company also reported quarterly sales of $321.10 million, missing the analyst consensus estimate of $347.20 million by 7.52%. This is a 4.18% decrease from the same period last year.
October 27, 2023 | 6:09 am
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NorthWestern's Q3 earnings and sales missed analyst estimates, which could negatively impact the stock in the short term.
NorthWestern's earnings and sales for Q3 have both missed analyst estimates. This underperformance could lead to a decrease in investor confidence, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100