UNS Energy Corp. (UNS) reported first-quarter net income of $11.3 million or $0.27 per share, compared to $6.5 million or $0.17 per share last year. Total operating revenues rose to $332.14 million from $315.39 million last year.
Paul Bonavia, UNS Energy's Chairman and Chief Executive Officer, said, "While our first quarter financial results benefited from cold weather, we are still managing the cost pressures associated with TEP's rate freeze. Our focus continues to be operational excellence, especially as we enter the warmer months of the year when electricity demand is at its highest."
On average, five analysts polled by Thomson Reuters expected the company to report profit of $0.22 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $322.05 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.