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Pike Electric (PEC) Tops 1 Views; Raises FY09 Outlook

November 10, 2008 8:02 AM EST
PEC Hot Sheet
Today's EPS Names:
TARO, BRLI, TLB, More
Pike Electric Corporation (NYSE: PEC) reports Q1 EPS of $0.54, which may not compare to the analyst estimate of $0.17. Revenue for the quarter was $185.5 million, versus the consensus of $161.71 million.

Raises its FY09 EPS guidance from $0.55-$0.65 to $0.85-$0.95, versus the consensus of $0.65.

Pike Electric Corporation, together with its subsidiaries, provides outsourced electric distribution and transmission services in the United States.

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