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| 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 | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 79.29 | 950 | 14:15:45 |
From May 2019 to May 2024
By Robert Barba
Southern Co. (SO) reported results for the second quarter on Wednesday. Here's what you need to know.
RESULTS: The company, which operates energy utility companies in the South, reported a loss of $154 million, or 15 cents a share, compared to a loss of $1.38 billion, or $1.38 a share, a year earlier. When adjusted for items including estimated loss on plants under construction, the company reported earnings increased 9.6% to 80 cents a share. Analysts polled by FactSet were expecting earnings of 73 cents a share and adjusted earnings of 68 cents a share.
REVENUE: The company reported revenue of $5.6 billion, up 3.6% from a year earlier.
EXPENSES: Operating expenses were $5.6 billion, down 21% from a year earlier.
USAGE: The company reported 52.2 million kilowatt-hours sold, up 2.2%. Residential sales were up 5%.
Shares of Southern were down 4% to $47.13 in early trading.
Write to Robert Barba at robert.barba@wsj.com
(END) Dow Jones Newswires
August 08, 2018 09:55 ET (13:55 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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