None
DE
Southern (NYSE:SO) Issues Earnings Results, Beats Expectations By $0.12 EPS
['Max Byerly']
Ticker Report
The utilities provider reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.12, FiscalAI reports.
The company also reported $1.2 billion in quarterly earnings, or $1.03 per reported share, versus $0.9 billion, or $0.80 per share, in the prior-year period.
Beats Q2 Earnings EstimatesSouthern reported second-quarter adjusted earnings of , exceeding the $1.01 analyst consensus and rising from $0.91 a year earlier.
The company also reported $1.2 billion in quarterly earnings, or $1.03 per reported share, versus $0.9 billion, or $0.80 per share, in the prior-year period.
Southern’s principal regulated electric subsidiaries include Georgia Power, Alabama Power and Mississippi Power, which serve large portions of the southeastern United States.