Vectren Corp. (VVC) Tops Q3 EPS by 10c; Reaffirms

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Go back to Vectren Corp. (VVC) Tops Q3 EPS by 10c; Reaffirms

Vectren Corporation Reports Third Quarter 2016 Results; Affirms 2016 Guidance

November 2, 2016 4:51 PM EDT

EVANSVILLE, IN -- (Marketwired) -- 11/02/16 --

Vectren Corporation (NYSE: VVC) today reported third quarter 2016 net income of $61.4 million, or $0.74 per share, compared to net income of $39.3 million, or $0.48 per share, in the third quarter of 2015. For the nine months ended Sept. 30, 2016, net income was $142.0 million, or $1.71 per share, compared to $132.1 million, or $1.60 per share for the nine months ended Sept. 30, 2015.

Summary and highlights of results

Utility Group earnings were $34.9 million, or $0.42 per share, in the third quarter of 2016, compared to $26.9... More