Southern Co. (SO) Tops Q2 EPS by 5c
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EPS Growth %: +1.9%
Financial Fact:
Wholesale revenues, affiliates: 110M
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OCCI, ALZN, ASPU, More
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Southern Co. (NYSE: SO) reported Q2 EPS of $0.74, $0.05 better than the analyst estimate of $0.69.
"We are very pleased with how our electric businesses are performing this year, including the strong performance of our wholesale subsidiary, Southern Power," said Southern Company Chairman, President and CEO Thomas A. Fanning. "We look forward to the years ahead, when both Southern Company Gas and – subject to federal approval – our announced investment in Southern Natural Gas begin to contribute to our results. We are truly building the future of energy for the benefit of the customers and communities we are privileged to serve. That longstanding customer focus has always been the foundation for delivering on our long-term financial objectives."
For earnings history and earnings-related data on Southern Co. (SO) click here.
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