SJI Reports Q4 EPS of $0.87 vs. $0.86

South Jersey Industries SJI today announced GAAP income from continuing operations for the fourth quarter of 2010 of $25.7 million, or $0.86 per share, as compared with $23.7 million, or $0.79 per share, for the fourth quarter of 2009. For the full year 2010, GAAP income from continuing operations was $67.3 million, or $2.25 per share, as compared with $58.5 million, or $1.96 per share, in 2009. On an Economic Earnings basis for the fourth quarter of 2010, SJI reported income from continuing operations of $26.2 million, or $0.87 per share, as compared with $24.8 million, or $0.83 per share, during the same period last year. Income from continuing operations on an Economic Earnings basis for the full year 2010 was $81.0 million, or $2.70 per share, an increase of over 13% as compared with $71.3 million, or $2.38 per share, for the same period last year.