TECO Energy Maintains 2015 Guidance From Cont. Ops.

(RTTNews) - TECO Energy, Inc. (TE) announced the company continues to expect to deliver consolidated non-GAAP earnings-per-share from continuing operations in a range between $1.08 and $1.11 in 2015. TECO Energy expects earnings in 2015 to be driven by the factors discussed when guidance was initially provided in early 2015.

Looking forward, the Group said its results in 2016 are expected to be driven by customer growth trends for all three utilities at or above the trends experienced in 2015.

For the third quarter 2015, the company reported non-GAAP results from continuing operations, which exclude $12.4 million of acquisition-related costs, of $77.3 million, or $0.33 on a per-share basis, compared with $73.9 million, or $0.32 on a per-share basis in 2014.