Q1 2021 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$643M-5.1% YoY

Gross Profit

$98M15.2% margin

Operating Income

$98M15.2% margin

Net Income

$65M10.1% margin

EPS (Diluted)

$0.59

QoQ Revenue Growth

-1.4%

Cash Flow

Operating Cash Flow

$42M

Free Cash Flow

-$32M

Stock-Based Comp.

Balance Sheet

Total Assets

$15.4B

Total Liabilities

$13.0B

Stockholders' Equity

$2.4B

Cash & Equivalents

$292M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$643M	$677M	-5.1%
Gross Profit	$98M	$60M	+64.2%
Operating Income	$98M	$60M	+64.2%
Net Income	$65M	$34M	+91.3%

Revenue Segments

Electric Energy Sales, Residential

$181M29%

Electric Energy Sales, Large Light And Power

$177M28%

Electric Energy Sales, Commercial

$168M27%

Bank Interest And Dividend Income

$59M9%

Regulatory Revenue

$28M4%

Bank Fees

$11M2%

Other Bank Noninterest Income

$7M1%

Electric Energy Sales, Other

$2M0%

Other Sales

$924,0000%