El Paso Electric (EE) Tops Q4 EPS by 7c
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El Paso Electric Announces Fourth Quarter and Annual 2016 Financial Results
February 23, 2017 6:50 AM ESTEL PASO, Texas--(BUSINESS WIRE)-- El Paso Electric Company (NYSE: EE):
Overview
For the fourth quarter of 2016, El Paso Electric Company ("EE" or the "Company") reported net income of $5.7 million, or $0.14 basic and diluted earnings per share. Net income in the fourth quarter of 2015 was $0.6 million, or $0.02 basic and diluted earnings per share. For the twelve months ended December 31, 2016, EE reported net income of $96.8 million, or $2.39 basic and diluted earnings per share. Net income for the twelve months ended December 31, 2015 was $81.9 million, or... More