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Southern Co. (SO) Reports Q4 Earnings: What Key Metrics Have to Say
SOSouthern Company(SO) ZACKS·2025-02-20 15:36

Core Viewpoint - Southern Co. reported a revenue of 6.34billionforthequarterendedDecember2024,reflectingayear−over−yearincreaseof4.96.34 billion for the quarter ended December 2024, reflecting a year-over-year increase of 4.9% and surpassing the Zacks Consensus Estimate of 6.22 billion by 1.96% [1] Financial Performance - Earnings per share (EPS) for the quarter was 0.50,downfrom0.50, down from 0.64 in the same quarter last year, resulting in an EPS surprise of -1.96% against the consensus estimate of 0.51[1]−Thestockhasreturned+4.80.51 [1] - The stock has returned +4.8% over the past month, outperforming the Zacks S&P 500 composite's +2.6% change, and currently holds a Zacks Rank 3 (Hold) [3] Operating Revenues Breakdown - Southern Power reported operating revenues of 417 million, significantly below the estimated 567.15million,markingayear−over−yeardeclineof17.1567.15 million, marking a year-over-year decline of 17.1% [4] - Southern Company Natural Gas generated 1.24 billion in operating revenues, exceeding the 1.15billionestimate,butreflectingayear−over−yeardecreaseof3.81.15 billion estimate, but reflecting a year-over-year decrease of 3.8% [4] - Georgia Power's operating revenues were 2.59 billion, surpassing the 2.37billionestimate,withanincreaseof11.82.37 billion estimate, with an increase of 11.8% year-over-year [4] - Mississippi Power reported 345 million in operating revenues, slightly below the 358.11millionestimate,withayear−over−yearincreaseof2.4358.11 million estimate, with a year-over-year increase of 2.4% [4] - Other operating revenues reached 331 million, exceeding the 271.27millionestimate,representingayear−over−yearincreaseof15.3271.27 million estimate, representing a year-over-year increase of 15.3% [4] - Alabama Power's operating revenues were 1.75 billion, below the 1.82billionestimate,withayear−over−yearincreaseof7.41.82 billion estimate, with a year-over-year increase of 7.4% [4] Net Income Analysis - Southern Company Gas reported net income available to common of 185 million, significantly above the 115.74millionestimate[4]−SouthernPower′snetincomeavailabletocommonwas115.74 million estimate [4] - Southern Power's net income available to common was 64 million, below the 112.16millionestimate[4]−MississippiPower′snetincomeavailabletocommonwas112.16 million estimate [4] - Mississippi Power's net income available to common was 13 million, falling short of the 41.23millionestimate[4]−AlabamaPowerreportednetincomeavailabletocommonof41.23 million estimate [4] - Alabama Power reported net income available to common of 208 million, exceeding the 129.54millionestimate[4]−GeorgiaPower′snetincomeavailabletocommonwas129.54 million estimate [4] - Georgia Power's net income available to common was 294 million, significantly below the $448.47 million estimate [4]