Southern Co. (SO) Posts Mixed Q2 Results

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Go back to Southern Co. (SO) Posts Mixed Q2 Results

Southern Company reports second-quarter earnings

July 29, 2015 7:15 AM EDT

ATLANTA, July 29, 2015 /PRNewswire/ -- Southern Company today reported second-quarter 2015 earnings of $629 million, or 69 cents per share, compared with earnings of $611 million, or 68 cents per share, in the second quarter of 2014. For the six months ended June 30, 2015, earnings were $1.14 billion, or $1.25 per share, compared with $962 million, or $1.08 per share, for the same period in 2014.

Earnings for the three and six months ended June 30, 2015, include after-tax charges of $14 million and $20 million, respectively, related to increased construction estimates for Mississippi Power's Kemper County integrated gasification combined-cycle (IGCC)... More