El Paso Electric (EE) Reports Q2 EPS of $0.55

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El Paso Electric Announces Second Quarter 2016 Financial Results

August 3, 2016 6:50 AM EDT

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

Overview

For the second quarter of 2016, El Paso Electric Company ("EE" or the "Company") reported net income of $22.3 million, or $0.55 basic and diluted earnings per share. In the second quarter of 2015, EE reported net income of $21.1 million, or $0.52 basic and diluted earnings per share. For the six months ended June 30, 2016, EE reported net income of $16.5 million, or $0.41 basic and diluted earnings per share. Net income for the six months ended June 30, 2015 was $24.5 million, or... More