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Vectren: 3Q Earnings Snapshot

EVANSVILLE, Ind. (AP) _ Vectren Corp. (VVC) on Monday reported third-quarter net income of $50.4 million.

The Evansville, Indiana-based company said it had profit of 61 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 71 cents per share.

The utility posted revenue of $665 million in the period.

Vectren expects full-year earnings to be $2.80 to $2.90 per share.

Vectren shares have climbed 10 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $71.65, a rise of nearly 7 percent in the last 12 months.


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 https://www.zacks.com/ap/VVC