Southern Co.: Q3 earnings beat Wall Street expectations
FROM THE WIRE · FINANCE.YAHOO.COM
ATLANTA (AP) — ATLANTA (AP) — Southern Co. (SO) on Thursday reported third-quarter earnings of $2.05 billion. On a per-share basis, the Atlanta-based company said it had profit of $1.77. Earnings, adjusted for non-recurring costs, were $1.94 per share. The results surpassed Wall…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishEarnings and revenue above estimates for a large utility can support the SO stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Southern Co. reported adjusted third-quarter earnings of $1.94 per share.
- 02The average estimate of six analysts was $1.71 per share.
- 03Revenue of $8.84 billion exceeded the expected $8.47 billion.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets