Southern Company(SO)

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Southern Company: One Of The Best Utilities At A Lofty Price
Seeking Alpha· 2024-11-01 12:50
Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .Although the sector has underperformed the S&P 500 ( SP500 ) by more than 90 points over the past ten years, the year-to-date performance is a stunning 29%, making it one of the best-performing sectorsAnalyst’s Disclosure: I/we have a beneficial long position in the shares of CP ...
Southern Company(SO) - 2024 Q3 - Earnings Call Transcript
2024-10-31 21:37
The Southern Company (NYSE:SO) Q3 2024 Earnings Conference Call October 31, 2024 1:00 PM ET Company Participants Greg MacLeod - Director-Investor Relations Chris Womack - Chairman, President & Chief Executive Officer Dan Tucker - Chief Financial Officer Conference Call Participants Carly Davenport - Goldman Sachs Shar Pourreza - Guggenheim Partners Ross Fowler - Bank of America Nick Campanella - Barclays Jeremy Tonet - JPMorgan Paul Fremont - Ladenburg Thalmann Durgesh Chopra - Evercore ISI Travis Miller - ...
Southern Company(SO) - 2024 Q3 - Earnings Call Presentation
2024-10-31 18:23
Third Quarter 2024 Earnings Conference Call October 31, 2024 > Southern Company Cautionary Note Regarding Forward-Looking Statements Certain information contained in this presentation is forward-looking information based on current expectations and plans that involve risks and uncertainties. Forward-looking information includes, among other things, financial objectives, projected capital expenditures, projected resource additions, earnings guidance, long-term projected adjusted EPS growth, load growth proje ...
Southern Company Q3 Earnings Beat on Higher Electricity Sales
ZACKS· 2024-10-31 16:45
Power supplier The Southern Company (SO) reported third-quarter 2024 earnings per share (excluding certain one-time items) of $1.43, well ahead of the Zacks Consensus Estimate of $1.33 and a penny higher than the year-ago adjusted profit. The outperformance reflects a gain in overall electricity sales to go with the positive effects of rates, usage and pricing changes.The utility reported revenues of $7.3 billion. The top line came in 4.2% higher than third-quarter 2023 sales and beat the Zacks Consensus Es ...
Southern Co. (SO) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-10-31 15:30
For the quarter ended September 2024, Southern Co. (SO) reported revenue of $7.27 billion, up 4.2% over the same period last year. EPS came in at $1.43, compared to $1.42 in the year-ago quarter.The reported revenue represents a surprise of +2.13% over the Zacks Consensus Estimate of $7.12 billion. With the consensus EPS estimate being $1.33, the EPS surprise was +7.52%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine thei ...
Southern Co. (SO) Q3 Earnings and Revenues Beat Estimates
ZACKS· 2024-10-31 13:40
Southern Co. (SO) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.42 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.52%. A quarter ago, it was expected that this power company would post earnings of $0.91 per share when it actually produced earnings of $1.09, delivering a surprise of 19.78%.Over the last four quarters, the company ...
Southern Company reports third-quarter 2024 earnings
Prnewswire· 2024-10-31 11:30
ATLANTA, Oct. 31, 2024 /PRNewswire/ -- Southern Company today reported third-quarter earnings of $1.5 billion, or $1.40 per share, in 2024 compared with earnings of $1.4 billion, or $1.30 per share, in the third quarter of 2023. For the nine months ended September 30, 2024, Southern Company reported earnings of $3.9 billion, or $3.53 per share, compared with $3.1 billion, or $2.86 per share, for the same period in 2023.Excluding the items described under "Net Income – Excluding Items" in the table below, So ...
Southern Company(SO) - 2024 Q3 - Quarterly Report
2024-10-30 22:17
Table of Contents Index to Financial Statements UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | --- | --- | --- | |--------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------| | | FORM 10-Q | | | ☑ | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended Septemb ...
Curious about Southern Co. (SO) Q3 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2024-10-28 14:21
Wall Street analysts forecast that Southern Co. (SO) will report quarterly earnings of $1.33 per share in its upcoming release, pointing to a year-over-year decline of 6.3%. It is anticipated that revenues will amount to $7.13 billion, exhibiting an increase of 2.2% compared to the year-ago quarter. The consensus EPS estimate for the quarter has been revised 2.6% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial es ...
Xiao-I Corporation Class Action Alert: Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against Xiao-I Corporation
GlobeNewswire News Room· 2024-10-25 14:39
NEW YORK, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP (“Wolf Haldenstein”) announces that a federal securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of those who acquired Xiao-I Corporation (“Xiao-I” or the “Company”) (NASDAQ: AIXI) American depository shares (“ADSs”) issued in connection with the Company’s initial public offering conducted on or about March 9, 2023 (the “IPO” or “Offering”); an ...