“Higher than expected customer usage in the second quarter, continued customer growth, and rate changes earlier this year contributed to strong results in the second quarter,” said CEO Lisa Grow. “As expected, higher depreciation from our ongoing system investments to meet customer and load growth partially offset those factors.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IDA:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue