SCEcorp posted fourth-quarter net income of $151.67...
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SCEcorp posted fourth-quarter net income of $151.67 million, or $3.32 per share, including $13.5 million of extraordinary charges. For the like period of 1991, the Rosemead-based parent of Southern California Edison earned $114.95 million, or $3.21 per share, including $50.3 million of extraordinary charges.
The company said higher earnings at Mission Energy Co. and Mission First Financial were offset by lower utility earnings and a loss at Mission Land Co.
SCEcorp closed up 50 cents at $44 in NYSE trading.
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