Vectren Corp. (VVC) Tops Q1 EPS by 2c, Affirms Guidance

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Go back to Vectren Corp. (VVC) Tops Q1 EPS by 2c, Affirms Guidance

Vectren Corporation Reports Improved First Quarter 2017 Results; Affirms 2017 Guidance

May 8, 2017 6:55 AM EDT

EVANSVILLE, IN -- (Marketwired) -- 05/08/17 -- Vectren Corporation (NYSE: VVC) today reported first quarter 2017 net income of $55.4 million, or $0.67 per share, compared to net income of $48.3 million, or $0.58 per share, in the first quarter of 2016.

Summary and highlights of results

Utility Group earnings were $65.9 million, or $0.80 per share, in the first quarter of 2017, compared to $61.1 million, or $0.74 per share, in 2016. Increased results reflect the continued growth in returns from the on-going investment in gas infrastructure programs in both Indiana and Ohio. Overall results were... More