Vectren Corporation Reports 2009 Results

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Fri, Feb 26, 2010
Coal Company News
Post by Mike Rodger, Coal Reporter

Vectren Corporation (NYSE: VVC) announced 2009 net income of $133.1 million, or $1.65 per share, which compares to net income of $129.0 million, or $1.65 per share, in 2008.

The press release is quoted as saying:

The company expects 2010 consolidated earnings to be within a range of $1.60 to $1.80 per share. Within this overall range, the projected earnings from the Utility Group are $1.23 to $1.33 per share and projected earnings from the Nonutility Group are $0.37 to $0.47 per share.

Click here to access the entire press release

Click here to access Vectren Corporation Corporate Site

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