Integrys Energy Group, Inc. (TEG) posted third quarter GAAP net income attributed to common shareholders of $51.1 million or $0.66 per share, compared to a net loss attributed to common shareholders of $59.1 million or $0.77 per share last year.
Excluding items, Integrys Energy Group's earnings attributed to common shareholders of $25.0 million or $0.33 diluted earnings per share, compared to $20.5 million or $0.27 diluted earnings per share a year earlier.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.31 per share for the quarter. Analysts' estimates typically exclude one-time items.
Looking forward, for the fiscal year 2009, the company expects adjusted earnings per share to be between $2.26 and $2.38.
Integrys Energy Group reiterates its expected long-term diluted earnings per share growth rate of 4% to 6%, on an average annualized basis, with 2011 as its base year.
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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.