SCANA Corporation Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
October 25, 2018 at 05:00 pm IST
SCANA Corporation announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported total operating revenues of $926 million compared to $1,076 million a year ago. Operating income was $183 million compared to $122 million a year ago. Income before income tax expense was $87 compared to $46 million a year ago. Net income was $67 million or $0.47 per share of common stock compared to $34 million or $0.24 per share of common stock a year ago.
For the nine months, the company reported total operating revenues of $2,948 million compared to $3,249 million a year ago. Operating income was $475 million compared to $693 million a year ago. Income before income tax expense was $319 million compared to $468 million a year ago. Net income was $244 million or $1.71 per share of common stock compared to $326 million or $2.28 per share of common stock a year ago. Net cash provided from operating activities was $858 million compared to $927 million a year ago.