El Paso Electric (EE) Tops Q1 EPS by 2c ; Provides Outlook

El Paso Electric (NYSE: EE) reported Q1 EPS of $0.24, $0.02 better than the analyst estimate of $0.22. Revenue for the quarter came in at $200.1 million versus the consensus estimate of $186.77 million.

2024 FINANCIAL OUTLOOK

Excelerate is reaffirming its full year guidance range. The Company expects Adjusted EBITDA to range between $315 million and $335 million for the full year 2024. Committed Growth Capex is expected to range between $70 million and $80 million. Maintenance Capex for 2024 is expected to range between $50 million and $60 million.

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

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