Cayce, SC, February 11, 2011...SCANA Corporation (NYSE: SCG) today announced financial results for the fourth quarter and full year 2010.
For the year ended December 31, 2010, SCANA reported basic earnings of $376 million or $2.99 per share, compared to $348 million, or $2.85 per share, in 2009.
“We are pleased with our 2010 results which were in line with our earnings guidance,” said Jimmy Addison, Senior Vice President and Chief Financial Officer. “Despite a challenging economic environment, SCANA achieved its earnings targets and accomplished significant financial goals including establishment of a new, larger credit facility, achievement of several successful regulatory outcomes, and issuance of one of the largest underwritten equity offerings in our Company's history.”
The full press release with financial data is available in Adobe PDF format: