Net earnings slid 20% as the utility company posted weaker revenue from its electric business and higher operating expenses.
Revenue from the electric business - its largest top-line contributor - fell 3.4% Y/Y.
Gas and steam revenues rose 22% and 42%, respectively.
Nonutility revenue grew by 6%.
Operating expenses rose 5.9%.
Net interest expense declined 1.3% over the prior year period.