SCANA Beats Zacks Estimate – Analyst Blog

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SCANA Corporation ( SCG ) reported financial results for its third quarter of 2009. Earnings per share came in at 84 cents, compared to the Zacks Consensus Estimate of 77 cents and year-earlier earnings of 80 cents. Results for the quarter were significantly benefited by the resolution of a state tax issue, partially offset by lower electric and natural gas margins and higher operating expenses. Total operating revenues decreased more than 27% year over year to $921 million. The company’
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