El Paso Electric (EE) Tops Q3 EPS by 3c ; Provides Outlook

El Paso Electric (NYSE: EE) reported Q3 EPS of $0.35, $0.03 better than the analyst estimate of $0.32. Revenue for the quarter came in at $193.4 million versus the consensus estimate of $202.8 million.

2024 FINANCIAL OUTLOOK

Excelerate is raising and narrowing its full year guidance for Adjusted EBITDA. The Company now expects Adjusted EBITDA to range between $335 million and $345 million for the full year 2024. Committed Growth Capital is expected to range between $70 million and $80 million. Maintenance Capex for 2024 is expected to range between $40 million and $50 million.

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

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