Vectren Corp. (VVC) Misses Q1 EPS by 5c
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Vectren Corporation Reports Strong First Quarter 2015 Results; Results on Track and Guidance Affirmed
May 6, 2015 4:23 PM EDTEVANSVILLE, IN -- (Marketwired) -- 05/06/15 -- Vectren Corporation (NYSE: VVC) today reported first quarter 2015 net income of $57.0 million, or $0.69 per share, compared to net income of $51.2 million, or $0.62 per share, in the first quarter of 2014.
Excluding the impact of operating losses attributable to the company's wholly owned coal mining subsidiary, Vectren Fuels, consolidated net income for the first quarter of 2014 was $52.3 million, or $0.63 per share. The company sold Vectren Fuels in August 2014.
Summary and highlights of results
Utility earnings were $63.0 million, or $0.76 per... More