Vectren Corp. (VVC) Reports In-Line Q2 EPS

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Go back to Vectren Corp. (VVC) Reports In-Line Q2 EPS

Vectren Corporation Reports Second Quarter 2017 Results; Affirms 2017 Guidance

August 3, 2017 4:30 PM EDT

EVANSVILLE, Ind., Aug. 03, 2017 (GLOBE NEWSWIRE) -- Vectren Corporation (NYSE: VVC) today reported second quarter 2017 net income of $37.6 million, or $0.45 per share, compared to net income of $32.3 million, or $0.39 per share, in the second quarter of 2016. For the six months ended June 30, 2017, net income was $92.9 million, or $1.12 per share, compared to $80.6 million, or $0.97 per share for the six months ended June 30, 2016.

Summary and highlights of results

Utility Group earnings were $25.5 million, or $0.31 per share, in the second quarter of 2017, compared to $26.3 million, or $0.32 per share, in 2016. For the... More