AP NEWS

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.

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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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