TE Q4 Revenues Fall Short of Consensus
Teco Energy (NYSE: TE) reported its Q4 EPS at $0.25, meeting the consensus expectations. TE’s revenues for the quarter came at $765 million, versus the Street view of $906.03 million.
Teco Energy said its earnings were affected by restructuring charges of $0.4 million. The company has forecasted its EPS for FY10 at $1.20-$1.35, as compared to the consensus estimates of $1.31.
TE’s shares fell 0.07% to $15.16 in after hours trading.
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