Vectren Corp. (VVC) Tops Q2 EPS by 5c, Affirms 2018 Guidance
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Vectren Corporation Reports Second Quarter 2018 Results; Affirms 2018 Guidance
August 1, 2018 5:18 PM EDTEVANSVILLE, Ind., Aug. 01, 2018 (GLOBE NEWSWIRE) -- Vectren Corporation (NYSE: VVC) today reported results for the three months ended June 30, 2018 of $22.2 million, or $0.27 per share, compared to earnings of $37.6 million, or $0.45 per share for the three months ended June 30, 2017. During the quarter, the company incurred $15.3 million, $11.4 million after tax, or $0.14 per share, of expenses related to the merger with CenterPoint Energy. Also in the quarter, the company reflected a $13.1 million after tax charge, or $0.16 per share, related to its equity investment in certain storage assets jointly owned with Sempra Energy International (Sempra), resulting from Sempras... More
