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Sierra Pacific Resources Reports Second Quarter 2008 Earnings (PR Newswire)

yahoo.com
Jul 25, 2008
        
Story Timeline:  78 days

LAS VEGAS, July 25 /PRNewswire-FirstCall/ -- Sierra Pacific Resources (NYSE: SRP - News ) today announced consolidated net income applicable to common stock of $36.1 million, or 15 cents per share, for the quarter ended June 30, 2008, compared with net income applicable to common stock of $25.8 million, or 12 cents per share, for the same period in 2007. The improvement in earnings is primarily a result of a rate increase and an increase to allowance for funds used during construction related primarily to the construction of additional generating units at Clark Power Station in Las Vegas and the Tracy Combined Cycle Plant near Reno. During the first six months of 2008, Sierra Pacific Resources earned $60.2 million, or 26 cents per share, compared with $41.4 million, or 19 cents per share, for the first six months of 2007.... [read full story]                    

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Latest article on this story:

Sierra Pacific profit rises in second quarter

 rgj.com Jul 26, 2008
First article on this story:

Sierra Pacific Resources Reports Second Quarter 2008 Earnings

 earthtimes.org Jul 25, 2008
Selected publications with coverage of this story:
ibtimes.com rgj.com canadianbusiness.com yahoo.com earthtimes.org nevadaappeal.com
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Sierra Pacific profit rises in second quarter

rgj.com
Jul 26, 2008
        

Sierra Pacific Resources on Friday reported that second-quarter income rose, bolstered by rate increases and recovered construction costs for two power plants despite lower operating revenue. The parent company of Nevada's two...

Sierra Pacific shares fall to a new low after earnings miss their mark

rgj.com
Jul 25, 2008
        

RENO (AP) — Sierra Pacific Resources said Friday its second-quarter profit rose 40 percent as rate increases and recovered construction costs offset lower operating revenue, but results missed Wall Street expectations and...

Sierra Pacific Resources shares hit new low as 2nd-quarter earnings, revenue miss estimates

canadianbusiness.com
Jul 25, 2008
        

RENO, Nev. (AP) - Sierra Pacific Resources said Friday its second-quarter profit rose 40 percent as rate increases and recovered construction costs offset lower operating revenue, but results missed Wall Street expectations —...

Sierra Pacific shares fall as 2Q misses estimates

ibtimes.com
Jul 25, 2008
        

Sierra Pacific Resources said Friday its second-quarter profit rose 40 percent as rate increases and recovered construction costs offset lower operating revenue, but results missed Wall Street expectations--sending shares to a...

Sierra Pacific earnings up, less than analysts expected

rgj.com
Jul 25, 2008
        

RENO (AP) — Sierra Pacific Resources on Friday reported that second-quarter income rose, bolstered by rate increases and recovered construction costs for two power plants despite lower operating revenue. The parent company of...

Rise in Sierra Pacific earnings

nevadaappeal.com
Jul 25, 2008
        

RENO — Sierra Pacific Resources today reported that second-quarter income rose, bolstered by rate increases and recovered construction costs for two power plants despite lower operating revenue. The parent company of Nevada’s...

Sierra Pacific Resources Reports Second Quarter 2008 Earnings

earthtimes.org
Jul 25, 2008
        

LAS VEGAS, July 25 NV-Sierra-Pacific LAS VEGAS, July 25 /PRNewswire-FirstCall/ -- Headquartered in Nevada, Sierra Pacific Resources is a holding company whose principal subsidiaries are Nevada Power Company, the electric...