NorthWestern (US:NWE)2025-07-31 19:30Financial Performance - NorthWestern Energy reported GAAP diluted EPS of $0.35 and non-GAAP diluted EPS of $0.40 for the second quarter of 2025[4] - The company is initiating 2025 earnings guidance range of $3.53 - $3.65[4] - Second quarter net income decreased by $10.5 million or 33.1% on a GAAP basis, and $8.1 million or 25.2% on a non-GAAP basis compared to the prior period[14, 21] - Diluted earnings per share decreased by $0.17 or 32.7% on a GAAP basis, and $0.13 or 24.5% on a non-GAAP basis for the second quarter[14, 22] - Year-to-date net income increased by $1.5 million or 1.6% on a GAAP basis, and $0.2 million or 0.2% on a non-GAAP basis[23, 28] - Year-to-date diluted earnings per share increased by $0.02 or 1.3% on a GAAP basis, with no change on a non-GAAP basis[24, 29] Growth and Investment - The company is affirming long-term rate base and earnings per share growth rate targets of 4% - 6%[4] - A capital investment of $2.74 billion is forecasted over the next five years, expected to drive annualized earnings and rate base growth of approximately 4% - 6%[11] - The company signed a third Letter of Intent with a 500+ megawatt data center developer[8] Rate Review and Regulatory Updates - Montana electric rate review includes a proposed partial settlement with a $14.6 million increase[41] - The proposed partial settlement for Montana electric rates would result in a $4.63 or 4.2% increase in the typical residential monthly bill[44] - Montana natural gas rate review includes a joint settlement position with an $18.1 million increase[47]