Empire District Elect (EDE) Tops Q3 EPS by 11c, Raises FY EPS Guidance

Empire District Elect (NYSE: EDE) reported Q3 EPS of $0.55, $0.11 better than the analyst estimate of $0.44. Revenue for the quarter came in at $164.5 million versus the consensus estimate of $153.93 million.

The Company is revising upward its full-year 2014 weather normalized earnings guidance range of $1.38 to $1.50 per share which was communicated in February 2014. The revised range of $1.50 to $1.60 per share reflects the impact of weather and other volumetric changes and lower than expected costs through September 30, 2014.

(Street sees FY EPS of $1.46.)

For earnings history and earnings-related data on Empire District Elect (EDE) click here.

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