31.07.2013 23:16:01
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Vectren Slips To Q2 Loss, Backs FY13 Outlook - Quick Facts
(RTTNews) - Vectren Corp. (VVC) Wednesday reported second-quarter loss of $5.8 million or $0.07 per share, compared to a profit of $25.6 million or $0.31 per share in the same period last year.
Adjusted earnings for the quarter was $27.1 million or $0.33 per share. On average, seven analysts polled by Thomson Reuters expected the company to earn $0.29 per share for the quarter. Analysts' estimates typically exclude special items.
Operating revenues improved to $531.0 million from $470.6 million last year. Analysts expected revenues of $509.12 million.
Looking ahead, the company has re-affirmed its full-year earnings guidance range of $1.90 to $2.10 per share. Analysts currently expect full-year earnings of $1.97 per share.
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