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SCEcorp DECLARES THIRD QUARTER EARNINGS

 SCEcorp DECLARES THIRD QUARTER EARNINGS
 ROSEMEAD, Calif., Oct. 15 /PRNewswire/ -- SCEcorp's (NYSE: SCE)


third quarter 1992 earnings per share were $1.33, before an extraordinary charge. On a comparable basis, third quarter earnings were 1 cent less than the same period last year. SCEcorp's reported earnings for the current quarter were $1.22, and included a one-time charge of 11 cents per share to reflect the cost of settling a lawsuit with Tucson Electric Power.
 SCEcorp's year-to-date earnings per share, after adjusting for the one-time charge, were $2.75. On a comparable basis, year-to-date earnings were 14 cents below the same period from 1991. Earnings were lower primarily because of a reduced authorized return on common equity, dilution from issuing additional shares of common stock, and reduced interest income, partially offset by rate base growth.
 -0- 10/15/92
 /CONTACT: Cathy Sedlik of SCEcorp, 818-302-2255/
 (SCE) CO: SCEcorp ST: California IN: UTI SU: ERN


JL-BP -- LA024 -- 0516 10/15/92 14:26 EDT
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Publication:PR Newswire
Date:Oct 15, 1992
Words:163
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