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SO Southern Co

79.4532
-0.9368 (-1.17%)
05 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Southern Co NYSE:SO NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.9368 -1.17% 79.4532 80.84 79.56 80.25 5,106,173 01:00:00

Southern Co. 1Q Profit, Sales Beat Views

29/04/2021 12:35pm

Dow Jones News


Southern (NYSE:SO)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more Southern Charts.

By Dieter Holger

 

Southern Co.'s profit and sales beat forecasts in the first quarter as customer energy demand improved faster than expected, spurring earnings growth across its divisions.

The Atlanta-based power company said Thursday that its net income was $1.14 billion in the quarter ended March 31, up from $868 million a year ago. It booked per-share earnings of $1.07, versus last year's 82 cents a share.

Its adjusted earnings were 98 cents a share, beating the average analyst forecast of 83 cents a share, according to FactSet.

Sales rose to $5.91 billion in the quarter from $5.02 billion a year ago. Analysts expected sales of $5.54 billion.

 

Write to Dieter Holger at dieter.holger@wsj.com; @dieterholger

 

(END) Dow Jones Newswires

April 29, 2021 07:20 ET (11:20 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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