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Scana Profit Climbs
Utility company SCANA(SCG Quote) said its second-quarter earnings rose 31.8% from the year-ago period, helped by a favorable legal ruling.
The company earned $58 million, or 50 cents a share, in the quarter, compared with $44 million, or 39 cents a share, a year ago. Adjusted for items, earnings were $53 million, or 46 cents a share in the most recent quarter. Analysts polled by Thomson First Call were expecting earnings of 49 cents a share.
Second-quarter revenue rose 6% from a year ago to $944 million as against analysts' expectation of $912.8 million. ...
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