SIOUX FALLS, S.D. (AP) _ NorthWestern Corp. (NWE) on Tuesday reported third-quarter net income of $21.7 million.
The Sioux Falls, South Dakota-based company said it had profit of 42 cents per share. Earnings, adjusted for non-recurring costs, came to 50 cents per share.
The electric and gas utility posted revenue of $274.8 million in the period.
For the current quarter ending in December, NorthWestern expects its per-share earnings to range from $1.14 to $1.24.
The company expects full-year earnings in the range of $3.38 to $3.48 per share.
NorthWestern shares have increased 22% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $72.74, an increase of 23% in the last 12 months.