SJI Reports 2020 Financial Results
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South Jersey Industries (SJI) Tops Q4 EPS by 8c
February 24, 2021 4:58 PM ESTSouth Jersey Industries (NYSE: SJI) reported Q4 EPS of $0.62, $0.08 better than the analyst estimate of $0.54.
Highlights include:
2020 GAAP earnings of $1.62 per diluted share compared to $0.84 per diluted share in 20192020 Economic Earnings* of $1.68 per diluted share compared to $1.12 per diluted share in 20192020 GAAP/Economic Earnings include $0.13 per diluted share in nonrecurring items adjustments for certain tax benefits ($.07), adjustments to SJG's rate design ($.03) and pipeline supplier refunds ($.03)Significant improvement in 2020 financial results, despite historic challenge of COVID pandemic, driven by increased profitability... More