SCANA Corp Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component SCANA Corp (NYSE:SCG) will unveil its latest earnings on Wednesday, February 15, 2012. SCANA is engaged in the generation and sale of electricity, as well as in the purchase, sale and transportation of natural gas to its customers. It conducts other energy-related businesses and provides fiber optic communications in South Carolina.

SCANA Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for profit of 81 cents per share, a rise of 9.5% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 83 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 82 cents during the last month. Analysts are projecting profit to rise by 2% compared to last year’s $3.04.

Last quarter, the company came in at net income of 81 cents per share against a mean estimate of profit of 76 cents per share, beating estimates after missing them in the previous quarter. In the second quarter, it missed forecasts by 5 cents.

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Wall St. Revenue Expectations: Analysts predict a rise of 3.5% in revenue from the year-earlier quarter to $1.18 billion.

Analyst Ratings: Analysts are bullish on this stock, with six analysts rating it as a buy, one rating it as a sell and four rating it as a hold.

A Look Back: In the third quarter, profit rose 4% to $105 million (81 cents a share) from $101 million (79 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 0.4% to $1.09 billion from $1.09 billion.

Key Stats:

The company’s net income rise has increased in each of the last three quarters. Net income rose 3.7% in the second quarter and 0.8% in the first quarter.

The company has seen increasing revenue for two quarters in a row. In the second quarter, the figure rose 6.5%.

Stock Price Performance: Between November 11, 2011 and February 9, 2012, the stock price rose $2.79 (6.5%), from $42.70 to $45.49. The stock price saw one of its best stretches over the last year between June 23, 2011 and July 1, 2011, when shares rose for seven straight days, increasing 3.5% (+$1.30) over that span. It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight days, dropping 6.4% (-$2.55) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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