El Paso Electric (EE) Tops Q3 EPS by 13c ; Provides Outlook

El Paso Electric (NYSE: EE) reported Q3 EPS of $0.45, $0.13 better than the analyst estimate of $0.32. Revenue for the quarter came in at $391 million versus the consensus estimate of $250.42 million.

REVISED 2025 FINANCIAL OUTLOOK

Excelerate has raised and narrowed its full year 2025 guidance range for Adjusted EBITDA. For the full year, Excelerate now expects Adjusted EBITDA to range between $435 million and $450 million, which includes estimated fourth quarter financial impacts to Jamaica from Hurricane Melissa. Due to the Company’s comprehensive insurance coverage along with the timely restoration of operations, the financial impacts from Hurricane Melissa for the fourth quarter are expected to be limited. Maintenance capex for 2025 is still expected to range between $65 million and $75 million. Committed Growth Capital for 2025 is still expected to range between $95 million and $105 million.

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

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