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Southern Company Q1 Earnings Beat as Power Demand Grows
SOSouthern Company(SO) ZACKS·2025-05-06 12:30

Power supplier The Southern Company (SO) reported first-quarter 2025 earnings per share (excluding certain one-time items) of 1.23,outperformingtheZacksConsensusEstimateof1.23, outperforming the Zacks Consensus Estimate of 1.20 and the year-ago adjusted profit of 1.03.Theencouragingnumbersreflectagaininoverallelectricitysales,favorableweatherconditionsandlowerthanexpectedexpenses. Theutilityreportedrevenuesof1.03. The encouraging numbers reflect a gain in overall electricity sales, favorable weather conditions and lower-than-expected expenses. The utility reported revenues of 7.8 billion. The top line came in 17% higher than first-quarter 2024 sales and beat the Zacks Consensus Estimate of $7 ...