NorthWestern Q2 2024 Adj. EPS $0.53 Misses $0.54 Estimate, Sales $319.900M Beat $310.402M Estimate
Portfolio Pulse from Benzinga Newsdesk
NorthWestern (NASDAQ:NWE) reported Q2 2024 adjusted EPS of $0.53, missing the $0.54 estimate, but sales of $319.9M beat the $310.4M estimate. EPS increased by 51.43% YoY, and sales grew by 10.12% YoY.
July 30, 2024 | 10:02 pm
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NEUTRAL IMPACT
NorthWestern's Q2 2024 adjusted EPS of $0.53 missed the $0.54 estimate by 1.85%, but sales of $319.9M beat the $310.4M estimate by 3.06%. EPS increased by 51.43% YoY, and sales grew by 10.12% YoY.
The mixed results, with EPS slightly missing estimates but sales beating expectations, suggest a neutral short-term impact. The significant YoY growth in both EPS and sales is positive, but the EPS miss may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100