ITC Holdings sees 2013 EPS $4.80-$5.00, consensus $4.87 (yesterday) ITC Holdings yesterday morning provided initial stand-alone operating earnings guidance for 2013 in the range of $4.80 to $5.00 per share, versus the consensus estimate of $4.87. The operating earnings guidance excludes the impact of after-tax expenses associated with ITC's transaction with Entergy Corporation. In addition, aggregate stand-alone capital investments for 2013 are expected to be in the range of $760M-$860M.
ITC Holdings targets $4.5B of capital investments for 2014-2018 Sees operating EPS CAGR of 11%-13% for 2014-2018. Sees dividend growth of 10%-15% per annum. Information provided in company slides presentation.