Vectren: 2Q Earnings Snapshot
Aug. 02, 2018
EVANSVILLE, Ind. (AP) _ Vectren Corp. (VVC) on Wednesday reported second-quarter profit of $22.2 million.
The Evansville, Indiana-based company said it had profit of 27 cents per share. Earnings, adjusted for asset impairment costs and costs related to mergers and acquisitions, were 56 cents per share.
The utility posted revenue of $644.3 million in the period.
Vectren expects full-year earnings to be $2.80 to $2.90 per share.
Vectren shares have increased roughly 10 percent since the beginning of the year. The stock has increased 17 percent in the last 12 months.