The privacy concerns associated with data analysis over social networks have spurred recent research on privacypreserving social network analysis, particularly on privacypreserving publishing of social network data. In this paper, we focus on whether we can reconstruct a graph from the edge randomized graph such that accurate feature values can be recovered. In particular, we present a low rank approximation based reconstruction algorithm. We exploit spectral properties of the graph data and show why noise could be separated from the perturbed graph using low rank approximation. We also show key differences from previous findings of point-wise reconstruction methods on numerical data through empirical evaluations and theoretical justifications.