UIL Holdings (UIL) Misses Q2 EPS by 1c
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UIL Reports Second Quarter 2015 Earnings and Revises 2015 Earnings Guidance
August 5, 2015 4:10 PM EDTNEW HAVEN, Conn.--(BUSINESS WIRE)-- Today, UIL Holdings Corporation (NYSE: UIL) reported consolidated net income of $15.8 million, or $0.28 per diluted share, in the second quarter 2015, compared to $9.3 million, or $0.16 per diluted share, in the second quarter 2014. For the first six months of 2015, consolidated net income was $73.4 million, or $1.28 per diluted share, compared to $64.8 million, or $1.13 per diluted share, for the same period in 2014.
Consolidated earnings for the second quarter and first six months 2015 and 2014 include certain non-recurring items, which are explained below.
Merger-related expenses... More