El Paso Electric Announces Second Quarter 2019 Financial Results

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El Paso Electric (EE) Reports Q2 EPS of $0.54, Revenues Beat

August 6, 2019 7:53 AM EDT

El Paso Electric (NYSE: EE) reported Q2 EPS of $0.54, versus $0.74 reported last year. Revenue for the quarter came in at $203.08 million versus the consensus estimate of $174.36 million.

Non-GAAP Financial Measures

For the second quarter of 2019, EE reported adjusted net income of $21.9 million, or $0.54 adjusted basic earnings per share. In the second quarter of 2018, EE reported... More