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Southern Energy Announces Result Of Annual Meeting And Board Changes
Accessnewswire· 2025-10-28 06:02
Core Points - Southern Energy Corp. announced the re-election of four members to its Board of Directors during the Annual Meeting of shareholders [1] Group 1 - Shareholders approved the re-election of Bruce Beynon to the Board [1] - Shareholders approved the re-election of Ian Atkinson to the Board [1] - Shareholders approved the re-election of R. Steven Smith to the Board [1] - Shareholders approved the re-election of John Joseph Nally to the Board [1]
Southern Company (NYSE:SO) Price Target and Financial Performance Insights
Financial Modeling Prep· 2025-10-28 04:11
Core Viewpoint - Southern Company is a leading energy provider in the U.S., focusing on electricity generation, transmission, and distribution, with a competitive stance against major utilities like Duke Energy and NextEra Energy [1] Financial Performance - Southern Company is projected to report quarterly earnings of $1.50 per share for the quarter ending September 2025, reflecting a 4.9% increase year-over-year [3] - The company's revenues are expected to reach $7.57 billion, marking a 4.1% rise from the same quarter last year [3] - The consensus earnings per share (EPS) estimate has been revised upward by 9.3% over the past month, indicating positive analyst sentiment regarding the company's future prospects [4] Stock Performance - Currently, Southern Company's stock price is $95.40, showing a decrease of 0.50% or $0.48 [5] - The stock has traded between $94.78 and $95.70 today, with a one-year high of $100.84 and a low of $80.46 [5] - The market capitalization of Southern Company is approximately $104.94 billion, with a trading volume of 4,019,275 shares on the NYSE [5] Analyst Insights - Wells Fargo has set a price target of $97 for Southern Company, suggesting a potential increase of 1.68% from the current stock price [2][6]
Southern Company Q3 Earnings Preview: Another Beat in Store?
ZACKS· 2025-10-24 13:25
Core Viewpoint - Southern Company is expected to report third-quarter earnings of $1.50 per share on revenues of $7.6 billion, reflecting a year-over-year improvement in earnings and revenue despite potential cost pressures [1][8]. Group 1: Previous Quarter Performance - In the last reported quarter, Southern Company achieved adjusted earnings per share of 91 cents, exceeding the Zacks Consensus Estimate by 4 cents, with sales of $7 billion surpassing the consensus by 6.2% [2]. - The company has topped the Zacks Consensus Estimate for earnings in three of the last four quarters, with an average earnings surprise of 3.2% [3]. Group 2: Third Quarter Estimates - The Zacks Consensus Estimate for the third-quarter earnings has been revised 2% downward in the past week, indicating a 4.9% improvement year over year, while revenue estimates suggest a 4.1% increase from the previous year [3]. - The estimated net income for Southern Company is projected at $1.5 billion, reflecting a 0.9% decrease from the year-ago quarter [5]. Group 3: Market and Economic Factors - Southern Company serves 9 million customers in the Southeast, benefiting from strong regional economic growth and significant capital investments, with $2 billion in new projects and 6,000 jobs announced in the second quarter of 2025 [4]. - Demand from industrial and data center sectors is expected to continue driving long-term load expansion, positively impacting earnings and cash flows [4]. Group 4: Cost Pressures - The company has flagged risks related to timing and costs associated with new capacity delivery, with upward pressure on generation costs and higher operating expenses noted in the previous quarter [5]. - The increasing cost trend is anticipated to persist in the third quarter, potentially affecting overall earnings negatively [5]. Group 5: Earnings Prediction Model - The Zacks model does not predict a definitive earnings beat for Southern Company in the third quarter, with an Earnings ESP of -0.22% and a Zacks Rank of 3 [6][7].
Ironwood Stair & Rail Inc. Recognised With 2025 Consumer Choice Award for Stairs and Railings in Southern Alberta
Accessnewswire· 2025-10-24 12:10
Core Insights - Ironwood Stair & Rail Inc. has been awarded the 2025 Consumer Choice Award in the Stairs and Railings category for Southern Alberta, emphasizing its strong reputation in the industry [1] Company Summary - The award recognizes Ironwood's exceptional design, quality, and service in the custom-built stairs and railings market [1] - The company is noted for its craftsmanship and passion, which contribute to its success in transforming homes and businesses [1]
Union Pacific reports Q3 earnings beat as Northern Southern merger progresses
Proactiveinvestors NA· 2025-10-23 14:24
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
ZenaTech to Expand Drone as a Service (DaaS) for Public Works and Wildfire Management by Signing Offer to Acquire Southern California-Based Land Survey and Engineering Firm
Globenewswire· 2025-10-21 11:30
Core Insights - ZenaTech, Inc. has signed an offer to acquire a Southern California land survey engineering firm, enhancing its Drone as a Service (DaaS) presence in the region [1][2] - The acquisition aims to modernize surveying, inspection, and monitoring applications for government and commercial customers using drones, capitalizing on the growing public works and infrastructure market [2][3] Company Overview - ZenaTech specializes in AI drones, DaaS, Enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical business applications [4] - The company has completed 11 acquisitions with a goal of establishing 25 DaaS locations by mid-2026, providing flexible on-demand access to drone services [3][4] Market Opportunity - Southern California is identified as a dynamic region for public works and infrastructure, presenting significant opportunities for advanced surveying and rapid data delivery [2] - The acquisition will allow ZenaTech to integrate drone-based aerial data and analytics into existing government projects, addressing critical needs such as wildfire surveillance and environmental recovery [2][3] Technology and Services - ZenaTech's DaaS model eliminates capital costs for customers, allowing them to benefit from drone innovation without the need for pilots or maintenance [3] - The company’s subsidiary, ZenaDrone, develops autonomous drone solutions for various applications, including agriculture, defense, and logistics [5]
Georgia Power begins construction of newest battery storage system near Macon
Prnewswire· 2025-10-20 14:00
Core Insights - Georgia Power has commenced construction on a 200 MW battery energy storage system (BESS) in Twiggs County, aimed at enhancing reliability and meeting energy demands for the winter of 2027-2028 [1][3] - The project is part of the 2023 Integrated Resource Plan (IRP) Update and has been approved by the Georgia Public Service Commission [1][2] - The BESS will improve the efficiency of renewable energy by storing excess energy for use during peak demand periods [2][3] Project Details - The 200 MW BESS is designed to dispatch stored energy over a four-hour period, supporting the reliability and resilience of the electric system [2] - Construction is projected to be completed in 2027, with the project being built by Crowder Industrial Construction, LLC [3] - In addition to the Twiggs BESS, four other BESS facilities totaling 765 MW are under construction across Georgia, with completion expected in 2026 [4] Future Plans - Georgia Power is seeking approval for 10 new BESS facilities with a total capacity of 3,022.5 MW and two solar systems paired with BESS totaling 350 MW [5] - The company is also soliciting bids for an additional 500 MW of Energy Storage Systems (ESS) with a minimum two-hour discharge duration, targeting completion by 2031 [5]
Looking For Yields: Philip Morris, Southern Company, And Clorox Are Consistent Moneymakers
Yahoo Finance· 2025-10-18 02:01
Group 1: Philip Morris - Philip Morris International Inc. has a history of increasing dividends for 17 consecutive years, with the latest increase on September 19 raising the quarterly payout from $1.35 to $1.47 per share, resulting in an annual figure of $5.88 per share [3] - The current dividend yield for Philip Morris stock is 3.69% [3] - The company's annual revenue as of June 30 is reported at $39.06 billion, with Q2 2025 revenues of $10.14 billion, which missed the consensus estimate of $10.30 billion, while EPS of $1.91 exceeded the consensus of $1.85 [4] Group 2: Southern Company - The Southern Company has raised its dividends for 24 consecutive years, with the most recent increase on April 21 raising the quarterly payout from $0.72 to $0.74, equating to an annual figure of $2.96 per share [5] - The current dividend yield for Southern Company stands at 3.02% [5] - The company's annual revenue as of June 30 is reported at $28.36 billion, with Q2 2025 revenues of $6.97 billion and EPS of $0.92, both surpassing consensus estimates [6] Group 3: Clorox - The Clorox Company is a global manufacturer and marketer of consumer and professional products, with a diverse portfolio that includes cleaning and disinfecting products, food products, and personal care items [7]
Southern Co. (SO) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2025-10-16 23:01
Company Performance - Southern Co. closed at $98.43, down 1.29% from the previous trading session, underperforming the S&P 500, which lost 0.63% [1] - The stock has increased by 8.83% over the past month, outperforming the Utilities sector's gain of 3.16% and the S&P 500's gain of 0.92% [1] Upcoming Earnings - Southern Co. is set to release its earnings report on October 30, 2025, with an expected EPS of $1.47, reflecting a 2.8% increase year-over-year [2] - Revenue is forecasted to be $7.49 billion, indicating a 2.97% growth compared to the same quarter last year [2] Full Year Estimates - For the full year, earnings are projected at $4.28 per share and revenue at $28.52 billion, representing increases of 5.68% and 6.71% respectively from the previous year [3] - Recent analyst estimate revisions suggest positive sentiment regarding the company's business and profitability [3] Zacks Rank and Valuation - Southern Co. currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate having decreased by 0.01% in the past month [5] - The company has a Forward P/E ratio of 23.32, which is above the industry average of 19.43, and a PEG ratio of 3.53 compared to the industry average PEG ratio of 2.9 [6] Industry Overview - The Utility - Electric Power industry, part of the Utilities sector, has a Zacks Industry Rank of 48, placing it in the top 20% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Barclays Updates Price Target for The Southern Company (SO)
Yahoo Finance· 2025-10-16 19:10
Core Insights - The Southern Company (NYSE:SO) is recognized as one of the 12 Best Nuclear Power Dividend Stocks to buy currently [1] - Barclays has raised the price target for The Southern Company from $62 to $70 while maintaining an 'Equal Weight' rating [3] - The Southern Company has a strong dividend history, having paid dividends for 78 consecutive years and increased payouts for 24 years in a row, with an annual dividend yield of 3.08% [5] Company Overview - The Southern Company engages in the generation, transmission, and distribution of electricity and is a key player in the American nuclear energy sector, managing eight reactors across three facilities [2] - The Vogtle Units 3 and 4 are notable as the first commercial nuclear reactors built from scratch in the US in over thirty years, with one legacy reactor achieving full capacity using next-generation fuel [4] Investment Potential - The Southern Company is viewed as a solid investment opportunity, particularly in the context of its strong dividend performance and advancements in nuclear technology [5]