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Southern Co. (SO) Beats Q1 Earnings and Revenue Estimates
Southern CompanySouthern Company(US:SO) ZACKSยท2025-05-01 13:45

Core Viewpoint - Southern Co. reported quarterly earnings of $1.23 per share, exceeding the Zacks Consensus Estimate of $1.20 per share, and showing an increase from $1.03 per share a year ago, indicating a positive earnings surprise of 2.50% [1] Financial Performance - The company achieved revenues of $7.78 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 10.96%, compared to $6.65 billion in the same quarter last year [2] - Over the last four quarters, Southern Co. has exceeded consensus EPS estimates three times and topped revenue estimates four times [2] Stock Performance - Southern Co. shares have increased approximately 11.6% since the beginning of the year, contrasting with the S&P 500's decline of 5.3% [3] Future Outlook - The company's earnings outlook will be crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $1.11 on revenues of $6.6 billion, and for the current fiscal year, it is $4.29 on revenues of $27.57 billion [7] Industry Context - The Utility - Electric Power industry, to which Southern Co. belongs, is currently ranked in the top 14% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8] - A related company, American Electric Power, is expected to report quarterly earnings of $1.39 per share, reflecting a year-over-year increase of 9.5%, with a revenue expectation of $5.34 billion, up 6.7% from the previous year [9][10]