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Southern Co. (SO) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2025-02-14 15:21
Core Viewpoint - Southern Co. is expected to report quarterly earnings of $0.51 per share, reflecting a 20.3% decline year-over-year, while revenues are forecasted to increase by 2.9% to $6.22 billion [1] Group 1: Earnings and Revenue Estimates - The consensus EPS estimate for the quarter has been revised upward by 1.2% over the past 30 days, indicating analysts' positive reassessment [1] - Analysts predict 'Operating Revenues- Southern Power' to be $567.15 million, a year-over-year increase of 12.8% [4] - The estimated 'Operating Revenues- Southern Company Natural Gas' is $1.15 billion, showing a decline of 10.3% compared to the previous year [4] Group 2: Specific Revenue Projections - 'Operating Revenues- Georgia Power - Wholesale Revenues' is expected to reach $44.84 million, reflecting a 15% increase year-over-year [5] - 'Operating Revenues- Georgia Power - Other Revenues' is projected at $198.66 million, indicating a 27.4% increase from the prior year [5] - 'Operating Revenues- Mississippi Power - Retail Revenues' is estimated at $221.11 million, showing a 1.4% increase year-over-year [6] Group 3: Additional Revenue Insights - 'Operating Revenues- Southern Company Gas - Gas Distribution Operations' is forecasted to be $926.59 million, a decrease of 15.8% from the prior year [7] - 'Operating Revenues- Natural Gas revenues' is expected to be $1.21 billion, reflecting a decline of 6.2% year-over-year [7] - 'Operating Revenues- Alabama Power' is projected at $1.82 billion, indicating an 11.8% increase from the previous year [8] Group 4: Overall Market Performance - Over the past month, shares of Southern Co. have returned 3.4%, compared to a 4.9% increase in the Zacks S&P 500 composite [9]
Norfolk Southern to present at Barclays 42nd Annual Industrial Select Conference
Prnewswire· 2025-02-13 20:17
ATLANTA, Feb. 13, 2025 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) President and CEO Mark George and Executive Vice President and Chief Marketing Officer Ed Elkins will participate in a fireside chat at the Barclays 42nd Annual Industrial Select Conference. Details on how to listen in to the discussion follow below. What: Barclays 42nd Annual Industrial Select ConferenceWhen: Wednesday, Feb. 19, 2025 at 10:25 a.m. ETWhere: Via WebcastThe presentation will be posted at www.norfolksouthern.com on ...
Southern Company (The) (SO) Is a Trending Stock: Facts to Know Before Betting on It
ZACKS· 2025-02-13 15:00
Southern Co. (SO) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this power company have returned +5.4%, compared to the Zacks S&P 500 composite's +4.3% change. During this period, the Zacks Utility - Electric Power industry, which Southern Co. falls in, has gained 5.2%. The key question now is: What could be the stock's future direction?Although ...
Jimmy Etheredge to Join Southern Company Board of Directors
Prnewswire· 2025-02-12 12:30
ATLANTA, Feb. 12, 2025 /PRNewswire/ -- The Board of Directors of Southern Company today announced the election of James O. (Jimmy) Etheredge as an independent director, effective Apr. 1, 2025. Board committee assignments have not yet been determined. Jimmy Etheredge is joining the Board of Directors of Southern Company as an independent director, effective Apr. 1, 2025. "Jimmy's extensive leadership experience makes him an invaluable addition to our board," said Southern Company chairman, president, an ...
Southern California Edison acknowledges videos suggest link between equipment and Eaton fire
CNBC· 2025-02-06 17:35
An aerial view of the sun rising above homes that burned in the Eaton Fire on January 21, 2025 in Altadena, California.Southern California Edison acknowledged Thursday that videos have suggested a possible link between the utility's equipment and the devastating Eaton Fire in Los Angeles.But the company has not identified evidence to confirm this, according to a filing with the California Public Utilities Commission. The Eaton Fire, which is now contained, burned about 14,000 acres, destroyed thousands of b ...
THC Drinks "Buzz" Gets Spicier with Entry of Health Advance Social Equity Partnership
Prnewswire· 2025-02-06 16:07
Contract Packaging and Distribution Planning Begins with Southern Glazer'sLOS ANGELES, Feb. 6, 2025 /PRNewswire/ -- Health Advance Inc (OTC: HADV) www.HealthAdvanceGroup.com and strategic partner SoEquity Corporation www.SoEquityCorporation.com have commenced business planning with Southern Glazer's, www.SouthernGlazers.com  for the partners' hemp derived CBD infused beverage ambitions.  Southern Glazer's is a premier distributor  of wines, spirits, beer, and non-alcoholic products in America.  Plans also i ...
Southern Company's 2025 Blueprint to Meet Georgia's Energy Needs
ZACKS· 2025-02-04 11:36
The Southern Company’s (SO) Georgia Power unit recently filed its 2025 Integrated Resource Plan (IRP) with the Public Service Commission, detailing its future strategy to meet the state's growing energy demands. Driven by the state’s significant economic expansion, the IRP focuses on investments in generation, transmission and customer programs to maintain reliability and resiliency.As Georgia continues to expand economically with many new businesses coming to the state, the electrical demand has increased ...
Interlink Electronics, Inc. Announces Participation at Southern Manufacturing & Electronics February 4-6, 2025
Prnewswire· 2025-02-03 14:00
Company Overview - Interlink Electronics, Inc. is a leading provider of sensor and printed electronic solutions with nearly 40 years of experience in delivering mission-critical technologies across diverse markets [3] - The company serves blue-chip customers in various sectors, including industrial, medical, consumer, and automotive, leveraging expertise in materials science, manufacturing, embedded electronics, firmware, and software to create custom solutions [3] Event Participation - Interlink Electronics will exhibit at Southern Manufacturing & Electronics 25 from February 4 to February 6, 2025, in Farnborough, England, a key event in the manufacturing and electronics industry [1] - The event serves as a dynamic hub for industry leaders, innovators, and experts to share ideas, discover new technologies, and establish long-lasting partnerships [4] Product Showcase - The company will showcase a broad portfolio of smart printed sensor solutions, including resistive force and pressure sensors, HMI solutions, piezoelectric sensors, and a range of electrochemical gas and environmental sensors [2] - Interlink will also present its recently acquired innovative conductive transfer technology, which integrates electronics and sensors into textiles and fabrics, targeting smart fabric applications in wearables, consumer, medical, and automotive markets [2]
Investors Heavily Search Southern Company (The) (SO): Here is What You Need to Know
ZACKS· 2025-01-31 15:01
Southern Co. (SO) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this power company have returned +3.5% over the past month versus the Zacks S&P 500 composite's +2.9% change. The Zacks Utility - Electric Power industry, to which Southern Co. belongs, has gained 1.8% over this period. Now the key question is: Where could the stock be headed in the near term?While media ...
Georgia Power files plan to reliably, economically meet the energy needs of a growing Georgia
Prnewswire· 2025-01-31 12:27
Expansion of a diverse energy mix includes continued investment in Georgia Power's existing generation fleet; Enhancements to the power grid to increase reliability and resiliency; Customer-focused programs that include expanded renewable energy options and increased initiatives for income-qualified customers ATLANTA, Jan. 31, 2025 /PRNewswire/ -- Georgia Power today filed its 2025 Integrated Resource Plan (IRP), which details the company's plan to meet the energy needs of customers and support the state's ...