The company said, “We are affirming our long-term (five-year) diluted earnings per share growth guidance of 4% to 6%, based on an updated 2024 adjusted diluted non-GAAP EPS baseline of $3.40. Additionally, we are affirming our $2.7 billion capital investment plan for 2025-2029, which is expected to support rate base growth of 4% to 6% from an updated 2024 base year of approximately $5.4 billion. We plan to fund this capital program through a combination of cash from operations and secured debt issuances. Any incremental investments in generation, transmission, or other strategic growth opportunities may require equity financing.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NWE:
- Is NWE a Buy, Before Earnings?
- NorthWestern Energy price target raised to $59 from $56 at Barclays
- Positive Revenue Outlook for NorthWestern Energy Following Favorable Settlements in Rate Cases
- NorthWestern Energy announces settlement agreements in Montana
- NorthWestern Energy price target raised to $62 from $60 at Wells Fargo