El Paso Electric: 2Q Earnings Snapshot
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.