Vectren Corp. (VVC) Misses Q3 EPS by 3c; Affirms Guidance
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Vectren Corporation Reports Third Quarter 2018 Results; Affirms 2018 Consolidated Guidance; Increases Dividend 59th Consecutive Year
November 5, 2018 4:32 PM ESTEVANSVILLE, Ind., Nov. 05, 2018 (GLOBE NEWSWIRE) -- Vectren Corporation (NYSE: VVC) today reported results for the three months ended September 30, 2018 of $50.4 million, or $0.61 per share, compared to earnings of $61.9 million, or $0.75 per share for the three months ended September 30, 2017. During the quarter, the company incurred $11.1 million, $8.8 million after tax, or $0.10 per share, of expenses related to the merger with CenterPoint Energy announced earlier this year. Excluding fees related to the merger that the company believes are not indicative of ongoing operations, results for the three months ended September 30, 2018, were $59.2 million, or $0.71 per share.
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