NorthWestern Q4 Profit Declines; Reaffirms FY14 EPS Guidance - Quick Facts

(RTTNews) - NorthWestern Corporation d/b/a NorthWestern Energy (NWE) reported that its fourth-quarter net income decreased to $26.09 million or $0.68 per share, from $58.70 million or $1.57 per share, last year. Adjusted earnings per share was $0.75 for the quarter. Analysts polled by Thomson Reuters expected the company to report profit per share of $0.79 for the quarter. Analysts' estimates typically exclude special items.

Total revenues increased to $319.09 million, from $280.77 million, prior year. NorthWestern's Board declared a quarterly common stock dividend of $0.40 per share, payable March 31, 2014 to shareholders of record as of March 14, 2014.

NorthWestern reaffirmed its 2014 earnings guidance range of $2.60 - $2.75 per share. Analysts expect the company to report fiscal 2014 profit per share of $2.70.