Southern Co.: Q3 Earnings Snapshot
ATLANTA (AP) — ATLANTA (AP) — Southern Co. (SO) on Thursday reported third-quarter net income of $1.54 billion. On a…
ATLANTA (AP) — ATLANTA (AP) — Southern Co. (SO) on Thursday reported third-quarter net income of $1.54 billion.
On a per-share basis, the Atlanta-based company said it had profit of $1.40. Earnings, adjusted for non-recurring costs, were $1.43 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.
The power company posted revenue of $7.27 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $7.12 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SO at https://www.zacks.com/ap/SO
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