Q2 2020 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$609M-14.9% YoY

Gross Profit

$72M11.8% margin

Operating Income

$72M11.8% margin

Net Income

$49M8.1% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

-10.1%

Cash Flow

Operating Cash Flow

$136M

Free Cash Flow

$64M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$14.5B

Total Liabilities

$12.2B

Stockholders' Equity

$2.3B

Cash & Equivalents

$604M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$609M	$715M	-14.9%
Gross Profit	$72M	$73M	-1.5%
Operating Income	$72M	$73M	-1.5%
Net Income	$49M	$43M	+16.1%

Revenue Segments

Electric Energy Sales, Residential

$188M31%

Electric Energy Sales, Large Light And Power

$176M29%

Electric Energy Sales, Commercial

$160M27%

Bank Interest And Dividend Income

$60M10%

Other Bank Noninterest Income

$8M1%

Bank Fees

$7M1%

Regulatory Revenue

$3M0%

Electric Energy Sales, Other

$2M0%