NorthWestern Energy Affirms 2024 EPS Guidance Of $3.42 - $3.62 (Est $3.50) And $500M Capital Plan
Portfolio Pulse from Benzinga Newsdesk
NorthWestern Energy has affirmed its 2024 EPS guidance of $3.42 - $3.62, with an estimated $3.50, and announced a $500M capital plan. The company also reaffirmed its long-term EPS growth guidance of 4% to 6% from a 2022 base year of $3.18 diluted EPS on a non-GAAP basis, expecting a rate base growth of 4% to 6%.
July 30, 2024 | 10:05 pm
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NorthWestern Energy has affirmed its 2024 EPS guidance of $3.42 - $3.62 and announced a $500M capital plan. The company also reaffirmed its long-term EPS growth guidance of 4% to 6% from a 2022 base year of $3.18 diluted EPS on a non-GAAP basis, expecting a rate base growth of 4% to 6%.
Affirming EPS guidance and announcing a significant capital plan are positive signals for investors, indicating confidence in future performance and potential growth. The reaffirmation of long-term EPS growth guidance further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100