SCANA Corp. Announces 3% Drop In Q1 Profit

(RTTNews) - SCANA Corp. (SCG) reported a profit for first quarter that fell compared to the same period last year.

The company said its bottom line totaled $171 million, or $1.19 per share. This was lower than $176 million, or $1.23 per share, in last year's first quarter.

Analysts had expected the company to earn $1.34 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue held steady at $1.17 billion

SCANA Corp. earnings at a glance:

-Earnings (Q1): $171 Mln. vs. $176 Mln. last year. -Earnings Decline (Y-o-Y): -2.8% -EPS (Q1): $1.19 vs. $1.23 last year. -EPS Decline (Y-o-Y): -3.3% -Analysts Estimate: $1.34 -Revenue (Q1): $1.17 Bln vs. $1.17 Bln last year. -Revenue Change (Y-o-Y): 0%