El Paso Electric (EE) Tops Q3 EPS by 17c

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El Paso Electric Announces Third Quarter Financial Results

November 4, 2015 6:50 AM EST

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

Overview

For the third quarter of 2015, El Paso Electric Company ("EE" or the "Company") reported net income of $56.7 million, or $1.40 basic and diluted earnings per share. In the third quarter of 2014, EE reported net income of $52.5 million, or $1.30 basic and diluted earnings per share. For the nine months ended September 30, 2015, EE reported net income of $81.3 million, or $2.01 basic and diluted earnings per share. Net income for the nine months ended September 30, 2014 was $87.2 million, or... More