SCANA Q4 Profit Edges Down, Guides 2014 EPS In Line - Quick Facts

(RTTNews) - SCANA Corp. (SCG), a distributor of electricity to retail and wholesale customers, reported fourth quarter net income of $104 million or $0.73 per share, compared to $105 million or $0.78 per share in the prior-year quarter.

On average, seven analysts polled by Thomson Reuters expected the company to report earnings of $0.77 per share for the quarter. Analysts' estimates typically exclude special items.

Total operating revenues for the quarter remained flat with last years at $1.12 billion. Analysts estimated revenues of $1.20 billion for the quarter.

Looking ahead to fiscal 2014, the company expects earnings in a range of $3.45 to $3.65 per share. Street is currently looking for full-year 2014 earnings of $3.52 per share.

The company noted that its average annual growth rate target is 3 to 6 percent over the next 3 to 5 years.