(Reuters) - Net income in the second quarter increased to $5.38
billion, or $2.52 a share, from $4.35 billion, or $1.97 a
share, last year.
Excluding the $680 million gain on sale of Dynegy stock and
a $160 million loss on debt redemption, the company would have
posted earnings of about $2.37 a share. On that basis, the
average forecast of Wall Street analysts was $2.30 a share,
according to Reuters Estimates.
Read more at Reuters.com Market News
billion, or $2.52 a share, from $4.35 billion, or $1.97 a
share, last year.
Excluding the $680 million gain on sale of Dynegy stock and
a $160 million loss on debt redemption, the company would have
posted earnings of about $2.37 a share. On that basis, the
average forecast of Wall Street analysts was $2.30 a share,
according to Reuters Estimates.
Read more at Reuters.com Market News
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