Vectren Corp. (VVC) Misses Q2 EPS by 4c, Affirms FY Guidance
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Vectren Corporation Reports Second Quarter 2016 Results; Affirms Consolidated Guidance Range
August 3, 2016 4:58 PM EDTEVANSVILLE, IN -- (Marketwired) -- 08/03/16 -- Vectren Corporation (NYSE: VVC) today reported second quarter 2016 net income of $32.3 million, or $0.39 per share, compared to net income of $35.8 million, or $0.43 per share, in the second quarter of 2015. For the six months ended June 30, 2016, net income was $80.6 million, or $0.97 per share, compared to $92.8 million, or $1.12 per share for the six months ended June 30, 2015.
Summary and highlights of results
Utility Group earnings were $26.3 million, or $0.32 per share, in the second quarter of 2016, compared to $24.4 million, or $0.29 per share, in 2015.... More