El Paso Electric (EE) Misses Q3 EPS by 6c

Go back to El Paso Electric (EE) Misses Q3 EPS by 6c

El Paso Electric Announces Third Quarter 2016 Financial Results

November 2, 2016 6:50 AM EDT

EL PASO, Texas--(BUSINESS WIRE)--

El Paso Electric Company (NYSE: EE):

Overview

For the third quarter of 2016, El Paso Electric Company ("EE" or the "Company") reported net income of $74.6 million, or $1.84 basic and diluted earnings per share. In the third quarter of 2015, EE reported net income of $56.7 million, or $1.40 basic and diluted earnings per share. For the nine months ended September 30, 2016, EE reported net income of $91.1 million, or $2.25 basic and diluted earnings per share. Net income for the nine months ended September 30, 2015... More