Miner Company
Utilities Trade Focus On Quarterly Results For Long-Term Outlooks
As data center development fuels an unprecedented wave of large-load customer contracts, US electric utilities are emphasizing long-term spending and growth visibility over quarterly financial benchmarks. Avista and NorthWestern both project 4% to 6% long-term EPS, though NorthWestern expects that range to increase to 5% to 7% after its planned merger with Black Hills Corp. closes later in 2026.
As data center development fuels an unprecedented wave of large-load customer contracts, US electric utilities are emphasizing long-term spending and growth visibility over quarterly financial benchmarks. Avista and NorthWestern both project 4% to 6% long-term EPS, though NorthWestern expects that range to increase to 5% to 7% after its planned merger with Black Hills Corp. closes later in 2026.