We expect our full-year 2013 earnings to be within the range of $1.26 to $1.43 per share. Our 2013 guidance range assumes 30-year average weather, modest overall system energy growth, seven months of increased customer electric rates from our pending Missouri rate case, and increased operating costs due to compliance requirements. Other factors that may impact earnings include results of our pending Missouri electric rate case that could differ from our assumptions, the ongoing recovery and redevelopment in the tornado-impacted area of Joplin, Missouri, variations in customer usage projections and unanticipated or unplanned events that may impact operating and maintenance costs. The effects of assumptions and other factors evaluated for the purpose of providing guidance are not necessarily independent of one another, and the combination of effects can cause individual impacts smaller or larger than the indicated guidance range.
Earnings Conference Call
Brad Beecher, President and CEO, will host a conference call Friday, February 15, 2013, at 1:00 p.m. Eastern Time to discuss earnings for the fourth quarter and year ended December 31, 2012. To phone in to the conference call, parties in the United States should dial 1-877-941-0844, any time after 12:45 p.m. Eastern Time. The presentation can also be accessed from Empire’s website at www.empiredistrict.com. A replay of the call will be available for two weeks by dialing 1-800-406-7325 and entering passcode 4593126#. The webcast presentation will be available for replay for one year from today’s date. Forward-looking and other material information may be discussed during the conference call.Based in Joplin, Missouri, The Empire District Electric Company (NYSE:EDE) is an investor-owned utility providing electric, natural gas (through its wholly owned subsidiary The Empire District Gas Company) and water service, with approximately 216,000 customers in Missouri, Kansas, Oklahoma, and Arkansas. A subsidiary of the Company also provides fiber optic services.
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