SCANA Corporation’s first quarter earnings per share of $1.18 missed the Zacks Consensus Estimate of earnings of $1.44.
Estimate Revision Trend & Surprise History: Investors should note that the Zacks Consensus Estimate has remained unchanged in the last seven days.
SCANA has an impressive earnings surprise history. The company posted an average positive earnings surprise of 0.98% for the last four quarters.
Revenues: SCANA posted revenues of $1,180 million up from the year-ago number of $1,173 million.
Key Stats:
South Carolina Electric & Gas Company (SCE&G): Quarterly profit from this segment – SCANA’s principal subsidiary – was $128 million, up from $112 million in the year-ago quarter.
PSNC Energy: This segment posted profit of $49 million, increased from $43 million in the prior-year quarter.
Zacks Rank: Currently, SCANA carries a Zacks Rank #3 (Hold) which is subject to change following the earnings announcement.
(You can see the complete list of today’s Zacks #1 Rank stocks here)
Check back later for our full write up on this SCANA earnings report later!
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
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SCANA Corporation’s first quarter earnings per share of $1.18 missed the Zacks Consensus Estimate of earnings of $1.44.
Estimate Revision Trend & Surprise History: Investors should note that the Zacks Consensus Estimate has remained unchanged in the last seven days.
SCANA has an impressive earnings surprise history. The company posted an average positive earnings surprise of 0.98% for the last four quarters.
Revenues: SCANA posted revenues of $1,180 million up from the year-ago number of $1,173 million.
Key Stats:
South Carolina Electric & Gas Company (SCE&G): Quarterly profit from this segment – SCANA’s principal subsidiary – was $128 million, up from $112 million in the year-ago quarter.
PSNC Energy: This segment posted profit of $49 million, increased from $43 million in the prior-year quarter.
Zacks Rank: Currently, SCANA carries a Zacks Rank #3 (Hold) which is subject to change following the earnings announcement.
(You can see the complete list of today’s Zacks #1 Rank stocks here)
Check back later for our full write up on this SCANA earnings report later!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>