Progress Energy, Inc. (PGN) Posts Q1 EPS of 48c; Reaffirms Outlook

Progress Energy, Inc. (NYSE: PGN) reported Q1 EPS of $0.48, $0.20 worse than the analyst estimate of $0.68. Revenue for the quarter came in at $2.09 billion versus the consensus estimate of $2.28 billion.

Progress Energy, Inc. reaffirmed FY2012 guidance.

For earnings history and earnings-related data on Progress Energy, Inc. (PGN) click here.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Walmart (WMT) PT Lowered to $130 at UBS on Investment Narrative's Competing Dynamics
• Is the global equity rally broadening? UBS weighs in
• Advance Auto Parts (AAP) Tops Q2 EPS by 22c; lifrs profit guidance