El Paso Electric (EE) Reports Q4 EPS of $0.02

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El Paso Electric Announces Fourth Quarter and Annual Financial Results

February 24, 2016 6:50 AM EST

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

Overview

For the fourth quarter of 2015, El Paso Electric Company ("EE" or the "Company") reported net income of $0.6 million, or $0.02 basic and diluted earnings per share. Net income for the fourth quarter of 2014 was $4.2 million, or $0.10 basic and diluted earnings per share. For the twelve months ended December 31, 2015, EE reported net income of $81.9 million, or $2.03 basic and diluted earnings per share. Net income for the twelve months ended December 31, 2014 was $91.4 million, or $2.27... More