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ITC (ITC) 2013 Guidance Calls for EPS of 4.80 to $5.00

November 12, 2012 6:53 AM EST Send to a Friend
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Price: $35.71 -1.08%

Financial Fact:
Other expense: 1.33M

Today's EPS Names:
SAL, TMP, GRC, More
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ITC Holdings Corp. (NYSE: ITC) today provided initial stand-alone operating earnings guidance for 2013 in the range of $4.80 to $5.00 per share. The operating earnings guidance provided is a non-GAAP measure which excludes the impact of after-tax expenses associated with ITC's transaction with Entergy Corporation.

Street estimates call for 2013 EPS of $4.87.

In addition, aggregate stand-alone capital investments for 2013 are expected to be in the range of $760 to $860 million, which includes $200 to $230 million, $160 to $180 million, $270 to $300 million and $130 to $150 million for operating subsidiaries ITCTransmission, METC, ITC Midwest and ITC Great Plains, respectively.




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