SIOUX FALLS, S.D. (AP) — NorthWestern Corp. (NWE) on Tuesday reported second-quarter earnings of $21.5 million.
On a per-share basis, the Sioux Falls, South Dakota-based company said it had profit of 43 cents. Earnings, adjusted for non-recurring gains, came to 42 cents per share.
The electric and gas utility posted revenue of $269.4 million in the period.
NorthWestern expects full-year earnings in the range of $3.30 to $3.45 per share.
NorthWestern shares have dropped 22% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $55.90, a fall of 21% in the last 12 months.