El Paso Electric (EE) Misses Q2 EPS by 12c

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El Paso Electric Announces Second Quarter 2018 Financial Results

August 2, 2018 7:50 AM EDT

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

El Paso Electric Company (NYSE: EE):

Overview

For the second quarter of 2018, El Paso Electric Company ("EE" or the "Company") reported net income of $33.3 million, or $0.82 basic and diluted earnings per share. In the second quarter of 2017, EE reported net income of $36.1 million, or $0.89 basic and diluted earnings per share. For the six months ended June 30, 2018, EE reported net income of $26.3 million, or $0.65 basic and diluted earnings per share. Net income for the six months ended June 30,... More