Southern Company(SO)
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Why Earnings Season Could Be Great for The Southern Company (SO)
Zacks Investment Research· 2024-02-14 14:41
Investors are always looking for stocks that are poised to beat at earnings season and The Southern Company (SO) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because The Southern Company is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a p ...
Vogtle Unit 4 reaches initial criticality
Prnewswire· 2024-02-14 13:00
First nuclear reaction safely initiated marks latest step prior to generation of electricity ATLANTA, Feb. 14, 2024 /PRNewswire/ -- Georgia Power announced today that Unit 4 at the Vogtle nuclear expansion project near Waynesboro, Georgia, has safely reached initial criticality. Initial criticality is a key step during the startup testing sequence and demonstrates that -- for the first time -- operators have safely started the nuclear reaction inside the second reactor. This means atoms are being split and ...
Can Southern (SO) Q4 Earnings Maintain Its Beat Streak?
Zacks Investment Research· 2024-02-09 15:16
The Southern Company (SO) is set to release fourth-quarter results on Feb 15. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of 59 cents per share on revenues of $7.7 billion.Let’s delve into the factors that might have influenced the power supplier’s performance in the December quarter. But it’s worth taking a look at Southern Company’s previous-quarter results first.Highlights of Q3 Earnings & Surprise HistoryIn the last reported quarter, the Atlanta, GA-based service prov ...
Southern (SO) & Samsung Collaborate on Smart Energy
Zacks Investment Research· 2024-02-09 15:01
Southern Company (SO) and Samsung SmartThings have formed a strategic alliance through a Letter of Intent (LOI) to transform consumer energy management and smart home automation. This collaboration aims to develop innovative projects that combine consumer energy management with smart-home automation, resulting in a new era of personalized, automated solutions. With a focus on quantifiable reduction in energy costs and greenhouse gas emissions, this partnership signifies a monumental step toward sustainable ...
Southern Co. (SO) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-02-09 00:16
Southern Co. (SO) closed the most recent trading day at $66.94, moving -0.01% from the previous trading session. This change lagged the S&P 500's 0.06% gain on the day. Meanwhile, the Dow gained 0.13%, and the Nasdaq, a tech-heavy index, added 0.24%.Heading into today, shares of the power company had lost 6.79% over the past month, lagging the Utilities sector's loss of 5.4% and the S&P 500's gain of 6.45% in that time.Market participants will be closely following the financial results of Southern Co. in it ...
Southern Company Issues Annual Moving to Equity Report for 2023
Prnewswire· 2024-02-06 19:00
ATLANTA, Feb. 6, 2024 /PRNewswire/ -- Southern Company today publishes its latest Moving to Equity report, showing notable achievements and impactful initiatives regarding the company's strategy to foster a more inclusive and equitable culture. Building upon years of dedicated work, Southern Company's commitment to diversity, equity and inclusion continues to drive meaningful actions and create positive change. Southern Company launched its Moving to Equity framework in 2020, focusing on key areas of talent ...
Southern Company Ranks First Among Utilities in Fortune Magazine's World's Most Admired Companies for 2024
Prnewswire· 2024-02-05 16:30
ATLANTA, Feb. 5, 2024 /PRNewswire/ -- Southern Company ranks as the No. 1 most-admired electric and gas utility worldwide according to Fortune magazine's World's Most Admired Companies list for 2024. A ranking of the world's most respected and reputable companies, the list is based on a survey of more than 3,700 executives, directors and financial analysts. "It is an honor to be named the most-admired electric and gas utility by Fortune magazine," said Chris Womack, chairman, president and CEO of Southern C ...
Southern's (SO) Gas Subsidiaries Secure First RNG Agreement
Zacks Investment Research· 2024-02-05 14:51
Southern Company's (SO) two prominent gas subsidiaries, Virginia Natural Gas and Chattanooga Gas, recently inked their first renewable natural gas (RNG) agreement. This strategic initiative aims to enhance access to clean, safe, reliable and affordable fuel, thereby contributing to a greener future. This significant development holds the promise of emission reduction equivalent to the carbon sequestered by more than 12,000 acres of U.S. forest or an area equivalent to the size of Manhattan. Let’s delve into ...
Southern Co. (SO) Surpasses Market Returns: Some Facts Worth Knowing
Zacks Investment Research· 2024-02-02 00:21
Southern Co. (SO) closed the most recent trading day at $70.50, moving +1.41% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 1.25%. Elsewhere, the Dow gained 0.97%, while the tech-heavy Nasdaq added 1.3%.Shares of the power company witnessed a loss of 3.77% over the previous month, beating the performance of the Utilities sector with its loss of 6.94% and underperforming the S&P 500's gain of 1.58%.Market participants will be closely following the fin ...
Southern Company Gas subsidiaries in Virginia & Tennessee complete first renewable natural gas purchase
Prnewswire· 2024-02-01 17:32
Resulting emissions reductions are estimated to be equivalent to the carbon sequestered by over 12,000 acres of U.S. forest for one year ATLANTA, Feb. 1, 2024 /PRNewswire/ -- Two Southern Company Gas subsidiaries, Virginia Natural Gas and Chattanooga Gas, have entered into their first renewable natural gas agreement, which will increase access to clean, safe, reliable and affordable fuel. The emissions reductions from this transaction are estimated to be equivalent to the carbon sequestered by over 12,000 a ...