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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.