NSTAR Q3 Earnings Up; Backs FY09 EPS Forecast - Quick Facts

NSTAR (NST) reported earnings of $87.6 million, or $0.82 per share, for the third quarter, compared to $85.8 million, or $0.80 per share reported for the same period in 2008.

On average, 6 analysts polled by Thomson Reuters expected the company to report earnings of $0.83 per share. Analysts' estimates typically exclude special items.

Operating revenues declined to $771.48 million from $892.2 million in the prior year quarter.

The Company is maintaining its earnings guidance of between $2.33 and $2.43 per share for 2009.

Analysts expect earnings of $2.36 per share.

by RTTNews Staff Writer

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