Norfolk Southern’s (NSC) proactive cost-cutting initiatives are boosting operational efficiency. However, NSC is grappling with economic uncertainties and lackluster liquidity, adversely impacting the company’s operations.Factors Favoring NSCNorfolk Southern's strong commitment to safety bodes well for the company. While the FRA personal injury rate has increased, the company has made significant strides in reducing serious injuries and total accidents, with declines of 40% and 20%, respectively. This refle ...

65 MW Mossy Branch Battery Facility adds resiliency to Georgia's electric grid; Company leadership and elected officials tour site in Talbot County on ThursdayATLANTA, Nov. 8, 2024 /PRNewswire/ -- Georgia Power leaders joined elected officials from the Georgia Public Service Commission (PSC), Georgia legislature, and Talbot and Muscogee counties on Thursday to mark commercial operation of the company's first "grid-connected" battery energy storage system (BESS). The Mossy Branch Battery Facility is capable ...

McIntyre to lead Engineering and Operations team ATLANTA, Nov. 4, 2024 /PRNewswire/ -- Southern Linc, a subsidiary of Southern Company (NYSE: SO), has announced that Alan McIntyre has been named the Vice President of Engineering and Operations by the Southern Linc Board of Directors. He will lead a team that is known for providing highly reliable, highly resilient wireless voice and data services for Southern Company systems and users and for local and state government customers. Alan McIntyre has been ...

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 ...

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 - ...

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 ...

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 ...

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) 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 ...

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 ...