|
|
 |
| |
|
Home > Fortune 500 Companies > Scana Corp
Scana Corp
Scana Corp is a fortune 500 stock listed company trading under the symbol SCG. The Company has a good stock performance report Scana Corporation recently reported its financial results for the fourth quarter and full year 2005 and announced earnings guidance for 2006. For the year ended December 31, 2005, Scana’s reported earnings were 320 million dollars, or 2.81 dollars per share, compared to 257 million dollars, or 2.30 dollars per share, in 2004. Excluding certain items listed in the table below, Scana’s GAAP-adjusted net earnings from operations for 2005 were 316 million dollars, or 2.78 dollars per share, compared to 298 million dollars, or 2.67 dollars per share, in 2004.
For the fourth quarter of 2005, Scana’s reported earnings were 74 million dollars, or 0.65 per share, compared to 42 million dollars, or 0.37 per share, for the fourth quarter of 2004. GAAP-adjusted net earnings from operations for the fourth quarter of 2004, which exclude losses associated with the monetization and valuation of the company’s telecommunications assets totaling 15 million dollars, or 014 per share, were 57 million dollars, or 0.51 per share.
Scana’s principal subsidiary reported 2005 full year earnings of 256 million dollars, or 2.25 dollars per share, compared to 235 million dollars, or 2.11 dollars per share, in 2004. For the fourth quarter of 2005, SCE&G reported earnings of 60 million dollars, or 0.52 dollar per share, compared to 40 million dollars, or 0.36 dollar per share in the same quarter in 2004. The year-over-year earnings improvement was attributable primarily to higher electric margins resulting from customer growth, off-system sales and the retail rate increase that was effective in January 2005. The improvement in fourth quarter earnings was due to these same factors as well as colder weather. These positive factors more than offset increases.
In expenses and share dilution. At year-end 2005, SCE&G was serving approximately 610,000 electric and 292,000 natural gas customers, representing increases of 3.1 percent and 2.5 percent, respectively, over the past year. For over 150 years you've depended on us to light your way and keep you warm. Now the company is doing even more to help you at home, in business and everyday life. Here you can explore the many ways Scana companies are adding comfort and convenience to your life.
Back to Fortune 500 Companies
|
|
|
|
|
|
|