A Glimpse of NorthWestern's Earnings Potential

NorthWestern (NASDAQ:NWE) is set to give its latest quarterly earnings report on Monday, 2024-10-28. Here's what investors need to know before the announcement.

Analysts estimate that NorthWestern will report an earnings per share (EPS) of $0.71.

The announcement from NorthWestern is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Performance in Previous Earnings

During the last quarter, the company reported an EPS beat by $0.01, leading to a 0.49% increase in the share price on the subsequent day.

Here's a look at NorthWestern's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.52

1.13

1.17

0.59

EPS Actual

0.53

1.09

1.38

0.49

Price Change %

0.0%

-1.0%

5.0%

-2.0%

Stock Performance

Shares of NorthWestern were trading at $55.1 as of October 24. Over the last 52-week period, shares are up 16.17%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Insights Shared by Analysts on NorthWestern

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding NorthWestern.

The consensus rating for NorthWestern is Neutral, based on 6 analyst ratings. With an average one-year price target of $58.83, there's a potential 6.77% upside.

Understanding Analyst Ratings Among Peers

In this ...