El Paso Electric: 2Q Earnings Snapshot

August 2, 2018

EL PASO, Texas (AP) _ El Paso Electric Co. (EE) on Thursday reported second-quarter net income of $33.3 million.

The El Paso, Texas-based company said it had net income of 82 cents per share. Earnings, adjusted for investment gains, came to 76 cents per share.

The utility posted revenue of $236.8 million in the period.

El Paso Electric expects full-year earnings in the range of $2.25 to $2.55 per share.

El Paso Electric shares have increased 12 percent since the beginning of the year. The stock has climbed 18 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EE at https://www.zacks.com/ap/EE

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