Southern Co. (SO) Reports In-Line Q1 EPS

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Southern Company reports first-quarter earnings

April 27, 2016 7:30 AM EDT

ATLANTA, April 27, 2016 /PRNewswire/ -- Southern Company today reported first-quarter 2016 earnings of $485 million, or 53 cents per share, compared with earnings of $508 million, or 56 cents per share, in the first quarter of 2015.

Earnings for the first quarter of 2016 include after-tax charges of $33 million, or 4 cents per share, related to an increased cost estimate for the construction of Mississippi Power's Kemper integrated gasification combined cycle (IGCC) project. First-quarter earnings... More