Southern Co. (SO) Reports Q3 Earnings: What Key Metrics Have to Say

Zacks10-31

For the quarter ended September 2024, Southern Co. (SO) reported revenue of $7.27 billion, up 4.2% over the same period last year. EPS came in at $1.43, compared to $1.42 in the year-ago quarter. The ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2480056587?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/F3nzpi36wi9juoO_v9PrEA--~B/aD02MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/2a50596f066181e48e4ae0ad6be00462","is_english":true,"pubTime":"2024-10-31 22:30","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2480056587","market":"us","top_or_hot":-1,"title":"Southern Co. (SO) Reports Q3 Earnings: What Key Metrics Have to Say","media":"Zacks","content":"<div>\n<p>For the quarter ended September 2024, Southern Co. (SO) reported revenue of $7.27 billion, up 4.2% over the same period last year. EPS came in at $1.43, compared to $1.42 in the year-ago quarter.\nThe ...</p>\n\n<a href=\"https://finance.yahoo.com/news/southern-co-reports-q3-earnings-143005753.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Southern Co. (SO) Reports Q3 Earnings: What Key Metrics Have to Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSouthern Co. (SO) Reports Q3 Earnings: What Key Metrics Have to Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-31 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/southern-co-reports-q3-earnings-143005753.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For the quarter ended September 2024, Southern Co. (SO) reported revenue of $7.27 billion, up 4.2% over the same period last year. EPS came in at $1.43, compared to $1.42 in the year-ago quarter.\nThe ...</p>\n\n<a href=\"https://finance.yahoo.com/news/southern-co-reports-q3-earnings-143005753.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SOJD","symbol_name":"Southern Co","start_time":0,"source_url":"https://finance.yahoo.com/news/southern-co-reports-q3-earnings-143005753.html","article_id":"2480056587","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/F3nzpi36wi9juoO_v9PrEA--~B/aD02MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/2a50596f066181e48e4ae0ad6be00462"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480056587","pubTimestamp":1730385005,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"For the quarter ended September 2024, Southern Co.  reported revenue of $7.27 billion, up 4.2% over the same period last year. EPS came in at $1.43, compared to $1.42 in the year-ago quarter.The reported revenue represents a surprise of +2.13% over the Zacks Consensus Estimate of $7.12 billion. With the consensus EPS estimate being $1.33, the EPS surprise was +7.52%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Operating Revenues- Mississippi Power - Other Revenues: $13 million versus $10.92 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +30% change.Operating Revenues- Other: $283 million versus $254.22 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +27.5% change.Operating Revenues- ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"SOJD":"Southern Co","SO":"美国南方公司","SOJE":"Southern Co"},"translate_title":"南方公司(SO)报告第三季度收益：关键指标说明了什么","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SO":1,"SOJD":1,"SOJE":1},"content_text":"For the quarter ended September 2024, Southern Co. (SO) reported revenue of $7.27 billion, up 4.2% over the same period last year. EPS came in at $1.43, compared to $1.42 in the year-ago quarter.\nThe reported revenue represents a surprise of +2.13% over the Zacks Consensus Estimate of $7.12 billion. With the consensus EPS estimate being $1.33, the EPS surprise was +7.52%.\nWhile investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.\nSince these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.\nHere is how Southern Co. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: \n\nOperating Revenues- Southern Power: $600 million versus $661.14 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -8.1% change.\nOperating Revenues- Southern Company Natural Gas: $682 million versus the three-analyst average estimate of $695.08 million. The reported number represents a year-over-year change of -1%.\nOperating Revenues- Georgia Power - Retail Revenues: $3.19 billion compared to the $2.85 billion average estimate based on two analysts. The reported number represents a change of +6.3% year over year.\nOperating Revenues- Georgia Power - Wholesale Revenues: $78 million versus the two-analyst average estimate of $80.20 million. The reported number represents a year-over-year change of +13%.\nOperating Revenues- Georgia Power - Other Revenues: $209 million versus the two-analyst average estimate of $189.01 million. The reported number represents a year-over-year change of +21.5%.\nOperating Revenues- Mississippi Power - Other Revenues: $13 million versus $10.92 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +30% change.\nOperating Revenues- Southern Company Gas - Gas Distribution Operations: $616 million versus the two-analyst average estimate of $662.92 million. The reported number represents a year-over-year change of -0.2%.\nOperating Revenues- Other: $283 million versus $254.22 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +27.5% change.\nOperating Revenues- Alabama Power: $2.14 billion compared to the $2.09 billion average estimate based on two analysts. The reported number represents a change of +2.6% year over year.\nOperating Revenues- Georgia Power: $3.47 billion versus $3.12 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +7.3% change.\nOperating Revenues- Mississippi Power: $412 million compared to the $448.88 million average estimate based on two analysts. The reported number represents a change of -5.5% year over year.\nOperating Revenues- Alabama Power - Other Revenues: $111 million compared to the $110.96 million average estimate based on two analysts. The reported number represents a change of +7.8% year over year.\n View all Key Company Metrics for Southern Co. here>>>\n\nShares of Southern Co. have returned -2.4% over the past month versus the Zacks S&P 500 composite's +1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.\n\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nSouthern Company (The) (SO) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2480056587"}