The earnings call presented a balanced view with significant highlights such as the affirmation of earnings guidance, successful integration of acquisitions, and strategic merger agreements. However, these were tempered by challenges including decreased GAAP earnings, merger-related costs, and higher operating expenses impacting the financial performance.

Company Guidance

During the NorthWestern Energy Third Quarter 2025 Financial Results Webinar, the company provided several key metrics and guidance. NorthWestern Energy reported a GAAP diluted EPS of $0.62 per share and a non-GAAP diluted EPS of $0.79 for the quarter. The company reaffirmed its 2025 earnings guidance range of $3.53 to $3.65 per share. It declared a dividend of $0.66 per share for the quarter, payable on December 31, 2025, with a dividend yield projected between 4% to 5%. NorthWestern Energy anticipates a total return of 8% to 11% when combining this dividend yield with its projected EPS growth of 4% to 6%. The company also discussed its recent acquisition of Energy West's natural gas assets and its agreement with Black Hills Corporation for an all-stock merger of equals, with regulatory filings already submitted in Montana, Nebraska, and South Dakota. They highlighted ongoing projects, including a 131-megawatt natural gas generation project expected to cost approximately $300 million. Additionally, the company aims to maintain its credit quality and financial commitments, with the upcoming release of their 2026 outlook in February 2026.

Earnings Guidance Affirmation

NorthWestern Energy affirmed its 2025 earnings guidance range of $3.53 to $3.65 per share.

Successful Integration of Energy West Acquisition

The company successfully integrated the Energy West natural gas assets, customers, and employees.

All-Stock Merger Agreement with Black Hills Corporation

NorthWestern announced an all-stock merger of equals with Black Hills Corporation and has filed joint applications for transaction approval.

Dividend Announcement

A dividend of $0.66 per share was declared, payable on December 31, 2025.

Colstrip Ownership Increase

NorthWestern increased its ownership in the Colstrip facility to 55%, enhancing control and resource adequacy.

Data Center Interest and Development

The company is progressing with data center requests and has entered a development agreement with SEBI.

Northwestern (NWE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

NWE Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 18, 2026	2025 (Q4)	1.20 / -	1.13	―	―	―
Oct 29, 2025	2025 (Q3)	0.75 / 0.79	0.65	21.54% (+0.14)
Jul 30, 2025	2025 (Q2)	0.38 / 0.40	0.53	-24.53% (-0.13)
Apr 29, 2025	2025 (Q1)	1.18 / 1.22	1.09	11.93% (+0.13)
Feb 13, 2025	2024 (Q4)	1.13 / 1.13	1.38	-18.12% (-0.25)
Oct 28, 2024	2024 (Q3)	0.66 / 0.65	0.49	32.65% (+0.16)
Jul 30, 2024	2024 (Q2)	0.48 / 0.53	0.35	51.43% (+0.18)
Apr 25, 2024	2024 (Q1)	1.14 / 1.09	1.05	3.81% (+0.04)
Feb 14, 2024	2023 (Q4)	1.17 / 1.38	1.13	22.12% (+0.25)
Oct 26, 2023	2023 (Q3)	0.61 / 0.49	0.42	16.67% (+0.07)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

NWE Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Oct 29, 2025	$59.83	$60.00	+0.28%
Jul 30, 2025	$52.00	$53.08	+2.08%
Apr 29, 2025	$58.09	$56.84	-2.15%
Feb 13, 2025	$52.20	$50.99	-2.32%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Northwestern Corp. (NWE) report earnings?

Northwestern Corp. (NWE) is schdueled to report earning on Feb 18, 2026, After Close (Confirmed).

What is Northwestern Corp. (NWE) earnings time?

Northwestern Corp. (NWE) earnings time is at Feb 18, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is NWE EPS forecast?

NWE EPS forecast for the fiscal quarter 2025 (Q4) is 1.2.

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