Picture of Southern logo

SO — Southern News Story

0.000.00%
us flag iconLast trade - 00:00
UtilitiesConservativeLarge CapNeutral

Southern Co gains as Q3 profit beat estimates

** Shares of U.S. utility Southern Co SO.N up 1.4% at $94.79

** Co beat estimates for Q3 profit, helped by surging demand for electricity from businesses

** SO's kilowatt-hour sales in the commercial segment rose 2.3% in Q3 from a year earlier, while they grew 1.5% in the industrial segment

** Company's operating revenue rose 7.5% to $7.82 billion

** SO posts Q3 adjusted profit of $1.60 per share vs estimate of $1.51 per share - data compiled by LSEG

** Including session's moves, SO up 15% YTD

 (Reporting by Sumit Saha in Bengaluru)

 ((Sumit.Saha@thomsonreuters.com;))

Recent news on Southern

See all news