TECO Energy, Inc. (TE) reported fourth quarter net income of $53.5 million or $0.25 per share, compared to $22.0 million or $0.10 per share last year.
Non-GAAP net income was $53.9 million, compared to $42.3 million in the same quarter a year earlier.
On average, 9 analysts polled by Thomson Reuters expected the company to report earnings of $0.25 per share. Analysts' estimates typically exclude special items.
Total revenues declined to $765.0 million from $770.3 million in the prior year quarter.
Four analysts estimated revenues of $906.03 million.
TECO Energy expects earnings per share in 2010 to be in a range between $1.20 and $1.35, excluding all charges and gains.
Analysts expect the company to earn $1.31 per share.
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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.