Teco Energy Inc. Q3 Income Climbs 5%

(RTTNews) - Teco Energy Inc. (TE) released earnings for its third quarter that climbed from last year.

The company said its bottom line came in at $77.3 million, or $0.33 per share. This was higher than $73.9 million, or $0.32 per share, in last year's third quarter.

Analysts had expected the company to earn $0.32 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.0% to $693.8 million. This was up from $687.2 million last year.

Teco Energy Inc. earnings at a glance:

-Earnings (Q3): $77.3 Mln. vs. $73.9 Mln. last year. -Earnings Growth (Y-o-Y): 4.6% -EPS (Q3): $0.33 vs. $0.32 last year. -EPS Growth (Y-o-Y): 3.1% -Analysts Estimate: $0.32 -Revenue (Q3): $693.8 Mln vs. $687.2 Mln last year. -Revenue Change (Y-o-Y): 1.0%

-Guidance: Full year EPS guidance: $1.08 - $1.11