NorthWestern Corporation Affirms Earnings Guidance for the Fiscal Year 2022
February 10, 2022 at 07:30 pm EST
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NorthWestern Corporation affirmed earnings guidance for the fiscal year 2022. For the period the company expects earnings range of $3.20 - $3.40 per diluted share based upon, but not limited to, the following major assumptions and expectations: Normal weather in the company's electric and natural gas service territories; Continued delay, or elimination, of the fixed cost recovery mechanism for Montana electric; A consolidated income tax rate of approximately 0% to 3% of pre-tax income; and Diluted shares outstanding of approximately 55.6 million to 56.2 million.
NorthWestern Energy Group, Inc., doing business as NorthWestern Energy, provides essential energy infrastructure and valuable services. The Company operates through two segments: electric utility operations and natural gas utility operations. The electric utility operations segment includes the generation, purchase, transmission and distribution of electricity. The natural gas utility operations segment includes the production, purchase, transmission, storage, and distribution of natural gas. It provides electricity and / or natural gas to approximately 775,300 customers in Montana, South Dakota, Nebraska, and Yellowstone National Park. Its operations in Montana and Yellowstone National Park are conducted through its subsidiary, NorthWestern Corporation, and its operations in South Dakota and Nebraska are conducted through its subsidiary, NorthWestern Energy Public Service Corporation. Its customer base consists of a mix of residential, commercial, and diversified industrial customers.
NORTHWESTERN ENERGY GROUP, INC. 
