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Southern Co. (SO) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-10-24 23:20
Southern Co. (SO) closed the latest trading day at $93.61, indicating a -0.57% change from the previous session's end. This change lagged the S&P 500's 0.22% gain on the day. Elsewhere, the Dow saw a downswing of 0.33%, while the tech-heavy Nasdaq appreciated by 0.76%.The power company's stock has climbed by 5.37% in the past month, exceeding the Utilities sector's loss of 1.27% and the S&P 500's gain of 1.47%.The investment community will be paying close attention to the earnings performance of Southern Co ...
Southern Copper's Q3 Earnings Beat Estimates on High Volumes
ZACKS· 2024-10-24 18:47
Southern Copper Corporation (SCCO) reported third-quarter 2024 earnings of $1.15 per share, which beat the Zacks Consensus Estimate of $1.12. The bottom line marked a 46% improvement from the year-ago quarter, mainly driven by higher sales volumes for copper, molybdenum, silver and zinc and higher prices for all metals (except molybdenum). SCCO’s strict cost control efforts also contributed to the earnings improvement.  SCCO reported net sales of $2.9 billion, up 17% from the year-ago quarter, driven by hig ...
Southern Silver Provides Corporate Update
Newsfile· 2024-10-24 17:56
Vancouver, British Columbia--(Newsfile Corp. - October 24, 2024) - Southern Silver Exploration Corp. (TSXV: SSV) (OTCQX: SSVFF) ("Southern Silver" or the "Company") reports that all resolutions as set out in the Company's notice of meeting and information circular were passed by the requisite majority of shareholders at its annual general meeting held on October 23, 2024. The shareholders re-appointed Smythe LLP, Chartered Accountants, as auditor of Southern Silver and approved Southern Silver's rolling in ...
Norfolk Southern's new Customer Advisory Board builds on customer-centric focus
Prnewswire· 2024-10-24 17:00
ATLANTA, Oct. 24, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) is uniting a diverse group of industry leaders and stakeholders to form its Customer Advisory Board. The new initiative aims to deepen the company's engagement with key voices from the industries it serves and leverage their invaluable insights to further enhance its customer experience.The railroad will incorporate strategic guidance and feedback on its operations and customer service practices as part of Norfolk Southern's com ...
Analysts Estimate Southern Co. (SO) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-10-24 15:06
Southern Co. (SO) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on October 31, 2024, might help the stock move higher if these key numbers are better than ...
Southern Company Gas Names Myra Bierria Senior Vice President and Chief Administrative Officer
Prnewswire· 2024-10-24 14:00
ATLANTA, Oct. 24, 2024 /PRNewswire/ -- Southern Company Gas today announced that Myra Bierria has been named senior vice president and chief administrative officer, effective Oct. 26. A member of the company's Management Council, Bierria will report directly to Chairman, President and Chief Executive Officer James Y. (Jim) Kerr II and serve as Kerr's chief of staff, with responsibility for the Corporate Communications, Corporate Impact and Facilities organizations.Southern Company Gas Names Myra Bierria Sen ...
Can Southern Company Maintain Its Beat Streak in Q3 Earnings?
ZACKS· 2024-10-24 13:31
The Southern Company (SO) is set to release third-quarter results on Oct. 31. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of $1.34 per share on revenues of $7.2 billion.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Let’s delve into the factors that might have influenced the power supplier’s performance in the September quarter. But it’s worth taking a look at Southern Company’s previous-quarter results first.Highlights of Q2 Earnings & Surprise Hi ...
Norfolk Southern's Brosnan Forest Provides Timber for New Academic Building at Clemson University
Prnewswire· 2024-10-24 12:30
Project marks first time blockchain technology has been applied to a mass timber projectATLANTA, Oct. 24, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC), today announced it would provide timber for the construction of a Department of Forestry and Environmental Conservation building project at Clemson University. The majority of the wood used for the state-of-the-art building will be longleaf pine harvested from the Brosnan Forest, a 14,400-acre timber and wildlife preserve near Charleston, S. ...
Norfolk Southern: Q3, Superb Profitability And Productivity Improvements
Seeking Alpha· 2024-10-24 04:30
Buffett-style value picks fit for the modern investor | Top 95th percentile of financial bloggers according to TipRanks.Six years of long-horizon investment portfolio management and consulting. I focus on creating portfolio value through synergetic stock picks and ETFs to create robust and profitable value generation solutions. I do not provide or publish investment advice on Seeking Alpha. My articles are opinion pieces only and are not soliciting any content or security. Opinions expressed in my articles ...
Norfolk Southern's Q3 Beat Fuels Analyst Optimism Despite Q4 Challenges—Long-Term Growth Potential In Focus
Benzinga· 2024-10-23 18:33
Several analysts revised the price target on Norfolk Southern Corporation NSC following third quarter results.On Tuesday, Norfolk Southern reported adjusted earnings of $3.25 per share, beating analyst estimates of $3.11 per share.The company said it remains on track to achieve its adjusted operating ratio targets for the second half and full year of 2024.RBC Capital Markets analyst Walter Spracklin raised the price target to $282 from $272 while maintaining the Outperform rating.The analyst writes that the ...