NorthWesternNASDAQ: NWE

NorthWestern Energy Group, Inc. (NASDAQ:NWE ) Q3 2024 Earnings Conference Call October 30, 2024 3:00 PM ET Company Participants Travis Meyer - Director of Corporate Development and Investor Relations Officer Brian Bird - President and Chief Executive Officer Crystal Lail - Chief Financial Officer Conference Call Participants Shahriar Pourreza - Guggenheim Chris Ellinghaus - Siebert Williams Anthony Crowdell - Mizuho Travis Meyer Good afternoon, and thank you for joining NorthWestern Energy Group's Financial Results Webcast for the quarter ended September 30, 2024. My name is Travis Meyer.

BUTTE, Mont. & SIOUX FALLS, S.D.--(BUSINESS WIRE)--NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) reported financial results for the third quarter 2024. Net income for the period was $46.8 million, or $0.76 per diluted share, as compared with net income of $29.3 million, or $0.48 per diluted share, for the same period in 2023. NorthWestern's third quarter 2024 non-GAAP net income and non-GAAP earnings per share were $39.7 million and $0.65, respectively, compared to $30.

NorthWestern Energy Group, Inc., a utility serving rural areas, offers stable, recession-resistant cash flows and a 4.76% yield, appealing amid economic uncertainty. Northwestern Energy Group's stock price has delivered a very disappointing performance despite posting respectable YOY earnings growth. The company's balanced electric and natural gas operations reduce seasonality in cash flows, providing stability and resilience against economic downturns.

NorthWestern Energy Group, Inc (NASDAQ:NWE ) Q2 2024 Results Conference Call July 31, 2024 3:30 PM ET Company Participants Travis Meyer - Director of Corporate Development and Investor Relations Officer Brian Bird - President and Chief Executive Officer Crystal Lail - Chief Financial Officer Conference Call Participants Robin Shillock - JPMorgan Jamieson Ward - Jefferies Alexander Mortimer - Mizuho Securities Anthony Crowdell - Mizuho Securities Travis Meyer Good afternoon, and thank you for joining NorthWestern Energy Group's Financial Results webcast for the Quarter Ended June 30, 2024. My name is Travis Meyer.

NorthWestern (NWE) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.35 per share a year ago.

Company reports GAAP diluted earnings per share of $0.52 for the quarter; affirms 2024 earnings guidance and $500 million capital investment plan; and announces a $0.65 per share quarterly dividend payable September 30, 2024 Company reports GAAP diluted earnings per share of $0.52 for the quarter; affirms 2024 earnings guidance and $500 million capital investment plan; and announces a $0.65 per share quarterly dividend payable September 30, 2024

NorthWestern reported earnings of $1.09 per share for the quarter, falling short of the Zacks Consensus Estimate of $1.39 per share. This is slightly higher than the earnings of $1.05 per share reported in the same quarter last year.

NorthWestern Energy Group, Inc., also known as NorthWestern Energy (Nasdaq: NWE), will hold an investor webinar on Friday, April 26, 2024, at 3:00 p.m. Eastern to discuss its financial results for the quarter ending March 31, 2024. The Company will release its financial results on the evening of Thursday, April 25, 2024.

NorthWestern Energy has received regulatory approvals to increase rates in Montana and South Dakota. It is currently unable to generate all the energy necessary to serve its customers, leading to significant capex investments and higher debt expected in the future. Shares are in a fair value range, but the dividend offers a strong yield, and shares can be considered in a defensive or income-oriented portfolio.