Southern Co.: Q2 Earnings Snapshot
By AP News
Published - Aug 01, 2024, 11:07 AM ET
Last Updated - Aug 01, 2024, 11:07 AM EDT
ATLANTA (AP) — ATLANTA (AP) — Southern Co. (SO) on Thursday reported second-quarter net income of $1.2 billion.
On a per-share basis, the Atlanta-based company said it had net income of $1.09.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share.
The power company posted revenue of $6.46 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $6.26 billion.
