Southern Co reports results for the quarter ended June 30 - Earnings Summary
Southern Co reports results for the quarter ended June 30 - Earnings Summary
Southern Co SO.N reported quarterly adjusted earnings of $1.13 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 92 cents. The mean expectation of nineteen analysts for the quarter was for earnings of $1.00 per share. Wall Street expected results to range from 85 cents to $1.05 per share.
Revenue rose 0.1% to $6.98 billion from a year ago; analysts expected $7.23 billion.
Southern Co's reported EPS for the quarter was $1.03.
The company reported quarterly net income of $1.17 billion.
Southern Co shares had risen by 0.4% this quarter and gained 10.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy," 16 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is "buy."
Wall Street's median 12-month price target for Southern Co is $102.00, about 5.8% above its last closing price of $96.05
This summary was machine generated from LSEG data July 30 at 04:40 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.00 | 1.13 | Beat |
Mar. 31 2026 | 1.21 | 1.32 | Beat |
Dec. 31 2025 | 0.57 | 0.55 | Missed |
Sep. 30 2025 | 1.51 | 1.60 | Beat |
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