NEW YORK—New England energy provider Northeast Utilities said Thursday it still expects to post 2008 earnings between $1.45 per share and $1.70 per share.
Excluding a litigation settlement charge to Consolidated Edison Inc., the company forecast adjusted profit between $1.65 per share and $1.90 per share.
By that measure, analysts polled by Thomson Financial expect, on average, earnings of $1.78 per share for the year.
Shares rose 73 cents, or 2.8 percent, to close at $27.05.
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