Pepco Holdings Q4 Net Profit Drops, But Adj. EPS Tops View - Quick Facts

(RTTNews) - Electric and natural gas utility company Pepco Holdings, Inc. (POM) posted lower net income of $35 million, or $0.14 per share for the fourth quarter, versus last year's $58 million, or $0.23 per share.

Excluding items, adjusted earnings from continuing operations were $59 million, or $0.23 per share for the quarter. On average, 7 analysts polled by Thomson Reuters expected the company to earn $0.20 per share for the quarter. Analysts' estimates typically exclude special items.

Operating revenue for the quarter increased year-on-year to $1.12 billion from $1.09 billion, while two analysts estimated revenues of $1.17 billion for the quarter.