TECO Energy (TE) Misses Q2 EPS by 2c, Maintains FY EPS Guidance

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TECO Energy Reports Second-Quarter Results from Continuing Operations

July 30, 2015 7:30 AM EDT

Company maintains 2015 earnings-per-share guidance range of $1.08 to $1.11

TAMPA, Fla.--(BUSINESS WIRE)-- TECO Energy, Inc. (NYSE: TE) today reported second-quarter results from continuing operations. Due to recent developments in negotiations regarding the sale of TECO Coal the company is deferring reporting results from discontinued operations at this time, and expects to report complete second-quarter GAAP results, including unaudited financial statements on or before Aug. 7.

Second-quarter non-GAAP results from continuing operations, which exclude $0.4 million of costs associated with the integration of New Mexico Gas Co. (NMGC), were $61.9 million, or... More