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EVANSVILLE, Ind. (AP) _ Vectren Corp. (VVC) on Thursday reported third-quarter net income of $39.3 million.
The Evansville, Indiana-based company said it had profit of 48 cents per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share.
The utility posted revenue of $573.5 million in the period.
Vectren expects full-year earnings to be $2.30 to $2.40 per share.
Vectren shares have dropped roughly 2 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $45.38, a decline of 1 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VVC at http://www.zacks.com/ap/VVC
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Keywords: Vectren, Earnings Report
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Vectren Corp.
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CODE : VVC |
ISIN : US92240G1013 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Vectren is a development stage company based in United states of america. Vectren is listed in United States of America. Its market capitalisation is US$ 2.5 millions as of today (€ 2.3 millions). Its stock quote reached its highest recent level on December 01, 1995 at US$ 9.94, and its lowest recent point on September 12, 2024 at US$ 0.03. Vectren has 83 040 212 shares outstanding. |