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April 24, 2014
08:38 EDTSJISouth Jersey Industries guides FY14 economic EPS toward high end of 6%-12% range
In conjunction with hosting its annual meeting, South Jersey Industries updated guidance around 2014 Economic Earnings per share expectations, guiding toward the higher end of its previously stated range of 6-12%. Economic EPS growth at the top end of that range would equate to $3.39 in Economic Earnings per diluted share, the company said. FY14 consensus $3.34. This update is based largely on Q1 results that are expected to reflect Economic EPS growth 30% higher than the same period last year, based on strong year-to-date performance by the utility and significantly improved contributions from the non-utility wholesale business.
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