16.02.2015 23:03:06
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Vectren Q4 Profit Misses Estimate
(RTTNews) - Vectren Corp. (VVC) reported net income for the fourth quarter of $56.5 million or $0.68 per share, compared to $49.8 million or $0.60 per share for the year-ago quarter.
Total operating revenues for the fourth quarter fell to $676.8 million from $680.0 million a year earlier.
Analysts polled by Thomson Reuters expected the company to earn $0.71 per share on revenue of $650.30 million for the fourth quarter.
The company affirmed its previously announced 2015 earnings guidance of $2.40 to $2.55 per share. Analysts currently expect the company to earn $2.49 per share for the full year 2015.
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