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El Paso Electric Co Announces Increase In Q4 Profit

El Paso Electric Co (EE) reported a profit for its fourth quarter that advanced from last year.

The company said its bottom line came in at $6.50 million, or $0.16 per share. This was higher than $5.66 million, or $0.14 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.21 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.3% to $196.15 million. This was up from $188.04 million last year.

El Paso Electric Co earnings at a glance:

-Earnings (Q4): $6.50 Mln. vs. $5.66 Mln. last year.
-Earnings Growth (Y-o-Y): 14.8%
-EPS (Q4): $0.16 vs. $0.14 last year.
-EPS Growth (Y-o-Y): 14.3%
-Analysts Estimate: $0.21
-Revenue (Q4): $196.15 Mln vs. $188.04 Mln last year.
-Revenue Change (Y-o-Y): 4.3%

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