El Paso Electric (EE) Tops Q2 EPS by 5c ; Provides Outlook

El Paso Electric (NYSE: EE) reported Q2 EPS of $0.34, $0.05 better than the analyst estimate of $0.29. Revenue for the quarter came in at $204.6 million versus the consensus estimate of $243.2 million.

REVISED 2025 FINANCIAL OUTLOOK

Excelerate has revised its full year 2025 guidance range. On July 29th, the Company announced that it had raised its full year 2025 Adjusted EBITDA guidance to include the anticipated contribution from the Jamaica acquisition from May 14, 2025 through December 31, 2025. As announced, the Company expects Adjusted EBITDA to range between $420 million and $440 million for the full year 2025.

Maintenance capex for 2025 is now expected to range between $65 million and $75 million. Committed Growth Capital for 2025 is now expected to range between $95 million and $105 million. The increase to Committed Growth Capital is primarily driven by the purchase of the LNG carrier, the Excelerate Shenandoah, in the third quarter.

For earnings history and earnings-related data on El Paso Electric (EE) click here.

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