Southern Co. (SO) Tops Q1 EPS by 7c

Southern Co. (NYSE: SO) reported Q1 EPS of $0.78, $0.07 better than the analyst estimate of $0.71.

"Southern Company's strong start to 2020 will be beneficial as we look to overcome sales impacts from the coronavirus," said Chairman, President and CEO Thomas A. Fanning. "Our top priority remains keeping employees healthy and safe, even as our subsidiaries continue to provide clean, safe, reliable and affordable energy for customers. To date, our operational performance during this challenging time has been exceptional, and we have not experienced – nor do we anticipate – any significant supply chain disruptions for our utilities or construction efforts."

"Critical infrastructure businesses like ours never take a day off," added Fanning. "We continue to serve customers safely, employing new work practices that help safeguard both our employees and our communities from COVID-19."

For earnings history and earnings-related data on Southern Co. (SO) click here.

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