TECO Energy (TE) Reports In-Line Q3 EPS, Offers Guidance

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Go back to TECO Energy (TE) Reports In-Line Q3 EPS, Offers Guidance

TECO Energy Reports Third-Quarter Results

November 5, 2015 7:30 AM EST

Company maintains 2015 earnings-per-share guidance range

TAMPA, Fla.--(BUSINESS WIRE)-- TECO Energy, Inc. (NYSE: TE) today reported third-quarter non-GAAP results from continuing operations, which exclude $12.4 million of acquisition-related costs, of $77.3 million, or $0.33 on a per-share basis, compared with $73.9 million, or $0.32 on a per-share basis in 2014.

Third-quarter 2015 net income was $53.2 million, or $0.23 per share, compared with $11.1 million, or $0.04 per share, in the third quarter of 2014. Net income from continuing operations was $64.9 million, or $0.28 per share, in the 2015 third quarter, compared with $73.0 million, or $0.32 per share, for the same period in 2014. The... More