El Paso Electric (EE) Misses Q1 EPS by 3c, Maintains FY EPS Guidance

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Go back to El Paso Electric (EE) Misses Q1 EPS by 3c, Maintains FY EPS Guidance

El Paso Electric Announces First Quarter Financial Results

May 6, 2015 8:30 AM EDT

EL PASO, Texas--(BUSINESS WIRE)-- El Paso Electric Company (NYSE: EE):

Overview

For the first quarter of 2015, El Paso Electric Company ("EE" or the "Company") reported net income of $3.5 million, or $0.09 basic and diluted earnings per share. In the first quarter of 2014, EE reported net income of $4.6 million, or $0.11 basic and diluted earnings per share.

We had a productive first quarter as seen in our financial results, the increase in the number of customers served, and the completion and commercial operation of the first two... More