NorthWestern (NWE) Misses Q3 Earnings Estimates
Earnings Performance: NorthWestern Corporation reported quarterly earnings of $0.65 per share, missing estimates and showing a year-over-year increase from $0.49, while revenues of $345.2 million exceeded expectations.
Market Outlook: The company's stock has underperformed compared to the S&P 500 this year, with a mixed earnings estimate revision trend leading to a Zacks Rank #3 (Hold), indicating expected performance in line with the market.
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MGE Energy Declares $0.475 Quarterly Dividend, Marking 50 Years of Increases
- Dividend Declaration: MGE Energy's board has declared a quarterly dividend of $0.475 per share, payable on March 15, 2026, reflecting the company's commitment to shareholder returns and likely boosting investor confidence.
- Long-term Dividend Growth: With a history of increasing dividends for 50 consecutive years and over 110 years of cash dividend payments, MGE Energy demonstrates financial stability, enhancing its market position in the utility sector.
- Customer Base: MGE Energy's principal subsidiary, Madison Gas and Electric, serves 167,000 electricity customers and 178,000 natural gas customers across south-central and western Wisconsin, showcasing its extensive regional market presence and influence.
- Utility Company Profile: As a public utility holding company, MGE Energy's stable dividend policy and long-term growth record have established a strong reputation among investors, further solidifying its leadership position in the industry.
MGE Energy, Inc. Reports Increased Q3 Profit, Surpassing Expectations
Earnings Performance: MGE Energy, Inc. reported third-quarter earnings of $44.49 million, or $1.22 per share, an increase from $40.93 million, or $1.13 per share, in the previous year.
Analyst Expectations: The earnings exceeded analysts' expectations, who had forecasted an average of $1.19 per share, excluding special items.
Revenue Growth: The company's revenue rose by 4.3% to $175.67 million, compared to $168.48 million in the same period last year.
Earnings Summary: Key figures include earnings of $44.49 million, EPS of $1.22, and revenue of $175.67 million, all showing positive growth year-over-year.
