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VVC - Vectren News Story

$72.38 0.0  0.0%

Last Trade - 31/01/19

Sector
Utilities
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £1.95bn
Position in Universe th / 7149

BRIEF-Vectren reports Q4 earnings per share $0.84

Wed 22nd February, 2017 10:03pm
Feb 22 (Reuters) - Vectren Corp  VVC.N : 
    * Reports FY 2016 earnings per share $2.55 
    * Vectren corporation reports 2016 results; initiates 2017 
earnings expectations; increases long-term outlook 
    * Q4 earnings per share $0.84 
    * Q4 earnings per share view $0.79 -- Thomson Reuters 
I/B/E/S 
    * Sees long term consolidated EPS growth of 6-8 percent 
    * Sees long term utility EPS growth of 5-7 percent 
    * Sees long term dividend growth of 6-8 percent 
    * Vectren corp - At Dec. 31, 2016, infrastructure services 
had an estimated backlog of blanket contracts of $435 million 
and bid contracts of $290 million 
    * Comments from Trump about increased focus on 
infrastructure may have positive impacts on markets in which 
infrastructure services' operates in mid to long-term 
    * Sees 2017 consolidated earnings of $2.55 to $2.65 per 
share 
 
Source text for Eikon:  ID:nMKW8GPxQa  
Further company coverage:  VVC.N  
 
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