Vectren Corp. (VVC) Tops Q4 EPS by 5c

Vectren Corp. (NYSE: VVC) reported Q4 EPS of $0.84, $0.05 better than the analyst estimate of $0.79.

The 2017 consolidated earnings guidance expectation of $2.55 to $2.65 per share includes Utility Group earnings within a range of $2.10 to $2.15 per share, and the Nonutility Group/Corporate and Other earnings within a range of $0.45 to $0.50 per share. The 2017 guidance at midpoint represents a 7 percent annual growth rate since 2011, prior to the start of our significantly increased gas infrastructure replacement program, and also reflects the margin lost from a significant customer and the expiration of energy efficiency tax deductions.

For earnings history and earnings-related data on Vectren Corp. (VVC) click here.

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