El Paso Electric (EE) Misses Q4 EPS by 3c ; Provides Outlook

El Paso Electric (NYSE: EE) reported Q4 EPS of $0.14, $0.03 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $240.1 million versus the consensus estimate of $292.85 million.

2024 GUIDANCE

Full year 2024 Adjusted EBITDA expected to range between $315 million and $335 million
Committed Growth Capex, which is defined as capital allocated and committed to specific investments currently in execution, is expected to range between $70 million and $80 million
Maintenance Capex expected to range between $50 million and $60 million

For earnings history and earnings-related data on El Paso Electric (EE) click here.

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