UIL Holdings (UIL) Misses Q3 EPS by 1c, Affirms FY EPS Guidance

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Go back to UIL Holdings (UIL) Misses Q3 EPS by 1c, Affirms FY EPS Guidance

UIL Reports Third Quarter 2015 Earnings and Affirms 2015 Earnings Guidance

November 2, 2015 4:10 PM EST

NEW HAVEN, Conn.--(BUSINESS WIRE)-- Today, UIL Holdings Corporation (NYSE: UIL) reported consolidated net income of $15.6 million, or $0.27 per diluted share, in the third quarter 2015, compared to $12.5 million, or $0.22 per diluted share, in the third quarter 2014. For the first nine months of 2015, consolidated net income was $89.1 million, or $1.55 per diluted share, compared to $77.3 million, or $1.35 per diluted share, for the same period in 2014.

Consolidated earnings for the third quarter and first nine months 2015 and 2014 include certain non-recurring items, which are explained below.

Merger-related expenses... More