Revenue segments as reported by the company.

Retail electric revenues

Wholesale electric revenues

Other electric revenues

Natural gas revenues

Other revenues

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Depreciation and amortization

Taxes other than income taxes

Estimated loss on plants under construction

Impairment charges

Gain on dispositions, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Southern Company

Gulf Power is a U.S. investor-owned electric utility with all of its common stock owned by Atlanta-based Southern Company. Gulf Power Company is headquartered in Pensacola, Florida, and has a service territory that spans 7,550 square miles (19,600 km2) in 10 counties and 71 towns in northwest Florida. Gulf Power has approximately 428,000 customers in Florida.

Gulf Power

The Southern Co is a holding company, which engages in the generation and sale of electricity. It operates through the following segments: Traditional Electric Operating Companies, Southern Power, and Southern Company Gas. The Traditional Electric Operating Companies segment refers to vertically integrated utilities that own generation, transmission and distribution facilities, and supplies electric services in the states of Alabama, Georgia, Florida, and Mississippi. The Southern Power segment constructs, acquires, owns, and manages generation assets such as renewable energy projects and sells electricity in the wholesale market. The Southern Company Gas segment distributes natural gas through natural gas distribution facilities in the states of Illinois, Georgia, Virginia, New Jersey, Florida, Tennessee, and Maryland. The company was founded on November 9, 1945, and is headquartered in Atlanta, GA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Southern Company surpasses 2022 targets, faces Vogtle project delays

Southern Company excelled in 2022 with strong financial performance and operational achievements.
Challenges include project delays, lower industrial sales, and credit metric impacts.
Opportunities lie in cost benefits from lower gas prices, management continuity, and credit agency actions.
Strategic investments in clean energy and a focus on long-term EPS growth support future prospects.

Southern Company reports Q1 earnings dip, Vogtle progress on track

Southern Company's Q1 2023 performance reflects mixed results with challenges in industrial sales offset by growth in retail and positive dividend news.
The company remains focused on Plant Vogtle Units 3 and 4 progress, aiming for operational milestones and financial stability post-completion.
While facing financial guidance adjustments and Unit 4 timeline uncertainties, Southern Company is optimistic about future growth opportunities and cost efficiencies.
Confidence in achieving a competitive risk-adjusted return and industry leadership underscores the company's strategic vision and commitment to shareholder value.

Southern Company surpasses Q2 earnings estimates, eyes dividend growth

Southern Company's Q2 2023 performance exceeded expectations, driven by favorable weather conditions and successful project milestones at Plant Vogtle.
The company's strengths lie in its commitment to reliability, customer-centricity, and potential dividend growth, supported by strategic capital investments.
Challenges include lower industrial sales, meeting operational timelines, and balancing cost management with growth initiatives.
Opportunities in renewable energy, Georgia's economic development, and technology advancements position Southern Company for sustainable growth and value creation.

Southern Company reports strong Q3 earnings, eyes sustainability and energy innovation

Southern Company's Q3 2023 Earnings Call highlighted strong financial performance, strategic acquisitions, and a focus on sustainability. Despite challenges with pending litigation and regulatory uncertainties, the company is well-positioned to capitalize on opportunities in energy innovation and potential dividend growth. By actively exploring green hydrogen and expanding its carbon-free generating capacity, Southern Company demonstrates a commitment to long-term sustainability and growth.

Southern Company excels in 2023, faces rate growth challenges

Southern Company's strong financial performance in 2023, coupled with key achievements and customer recognition, positions it well for growth. While facing challenges in rate base growth trajectory and debt funding, opportunities in EPS growth and rate decreases offer potential. Managing load growth impact and uncertainties in Georgia PSC elections are key focus areas for the company.

Southern Company excels in Q1 2024, eyes growth amid challenges

Southern Company's Q1 2024 showcased strong financial performance, marked by increased EPS, dividend growth, and successful commercial operation of Plant Vogtle Unit 4. The company benefits from a robust retail sales increase, a strong labor market, and a strategic focus on future growth opportunities. However, challenges around regulations, nuclear energy adoption, and data center impacts require careful navigation.

Southern Company excels in Q2, eyes growth amid challenges

Southern Company's Q2 2024 performance reflects strong financial results and operational achievements, positioning the company for future growth.
With a focus on execution, customer value, and community support, Southern Company is well-positioned to capitalize on market opportunities.
Challenges in maintaining growth momentum and operational efficiency require strategic planning and proactive risk management.
Overall, Southern Company's performance, strengths, and opportunities indicate a positive outlook for continued success and value creation.

Southern Company reports resilient Q3 earnings amidst Hurricane Helene impact

Southern Company's Q3 performance reflects resilience and growth, despite challenges posed by Hurricane Helene's significant costs.
The company's strategic strengths lie in its financial stability, disciplined growth approach, and commitment to customer service.
While facing challenges from severe weather events, Southern Company is well-positioned to capitalize on opportunities for future growth and market expansion.
Overall, Southern Company's Q3 earnings call highlights a balanced focus on financial performance, operational resilience, and strategic growth initiatives.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

The Southern Company (SO) has guided earnings per share of $3.95-$4.05 for 2024.

Southern (SO) Q2 Earnings Beat on Higher Electricity Sales

Evergy Inc

Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Evergy Inc (EVRG) and Southern Co. (SO). But which of these two stocks offers value investors a better bang for their buck right now?

EVRG or SO: Which Is the Better Value Stock Right Now?

Southern Co 5.25 % Notes 2017-01.12.77 Global Series 2017B

The Southern Company (NYSE:SO ) Q2 2024 Results Conference Call August 1, 2024 1:00 PM ET Company Participants Scott Gammill - Vice President, Investor Relations and Treasurer Chris Womack - President & Chief Executive Officer Dan Tucker - Chief Financial Officer Conference Call Participants Carly Davenport - Goldman Sachs Shar Pourreza - Guggenheim Partners Julien Dumoulin-Smith - Jefferies David Arcaro - Morgan Stanley Steve Fleishman - Wolfe Research Nick Campanella - Barclays Durgesh Chopra - Evercore ISI Jeremy Tonet - JPMorgan Travis Miller - Morningstar Inc. Operator Good afternoon. My name is Sherry, and I will be your conference operator today.

The Southern Company (SO) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for Southern Co. (SO) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Southern Co. (SO) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Southern Co. (SO) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.79 per share a year ago.

Southern Co. (SO) Beats Q2 Earnings and Revenue Estimates

ATLANTA , Aug. 1, 2024 /PRNewswire/ -- Southern Company today reported second-quarter earnings of $1.2 billion, or $1.10 per share, in 2024 compared with earnings of $838 million, or 77 cents per share, in the second quarter of 2023. For the six months ended June 30, 2024, Southern Company reported earnings of $2.3 billion, or $2.13 per share, compared with $1.7 billion, or $1.56 per share, for the same period in 2023.

Southern Company reports second-quarter 2024 earnings

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NextEra Energy

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Beyond analysts' top -and-bottom-line estimates for Southern Co. (SO), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.

Southern Co. (SO) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates

Customer additions and lower costs are likely to have boosted The Southern Company's (SO) profit levels in the second quarter.

Can Southern (SO) Maintain Its Beat Streak in Q2 Earnings?

In the most recent trading session, Southern Co. (SO) closed at $82.17, indicating a +0.62% shift from the previous trading day.

Southern Co. (SO) Ascends But Remains Behind Market: Some Facts to Note

In the closing of the recent trading day, Southern Co. (SO) stood at $81.66, denoting a -1.22% change from the preceding trading day.

Southern Co. (SO) Falls More Steeply Than Broader Market: What Investors Need to Know

Southern Co. (SO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Southern Co. (SO) Reports Next Week: Wall Street Expects Earnings Growth

PepsiCo

Southern Company just completed one of the largest projects in its history. The utility sector is chock-full of passive income plays.

Pepsi Is a Rock-Solid Dividend King, but So Is This High-Yield Value Stock That Paid $3 Billion in Dividends Over the Past Year

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Funding assists economic mobility, commercial development and small business support projects in Northern Illinois NAPERVILLE, Ill. , July 15, 2024 /PRNewswire/ -- Seven nonprofits in Rockford, Joliet and South Suburban Cook County will receive $700,000 in grants from Northern Illinois Community Initiatives (NICI).

Northern Illinois Community Initiatives Delivers $700,000 in Impact Grants to Bolster Local Economies

WEC Energy Group

Recession-proof utility stocks have always been stable dividend payers, making them popular long-term investments. But new exponential demand driven by artificial intelligence transforms these Wall Street wallflowers into high-growth AI plays.

3 Recession-Proof Utility Stocks to Power Up Your Portfolio This July

The latest trading day saw Southern Co. (SO) settling at $79.99, representing a +0.16% change from its previous close.

Southern Co. (SO) Increases Yet Falls Behind Market: What Investors Need to Know

Southern Co. (SO) closed the most recent trading day at $79.86, moving +1.81% from the previous trading session.

Southern Co. (SO) Increases Despite Market Slip: Here's What You Need to Know

Southern Company (SO) aims to expedite the deployment of innovative solutions in climate technology through its collaboration with Sightline Climate.

Southern Co. (SO) Taps Sightline to Advance Climate Technology

Fortis

Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Fortis (FTS) and Southern Co. (SO). But which of these two companies is the best option for those looking for undervalued stocks?

FTS vs. SO: Which Stock Should Value Investors Buy Now?

Southern Company is well positioned to meet the increasing energy demand in the U.S. with a mix of power generation options and a guided growth rate of 5%-7%. The company's expertise in nuclear power, peaker plants, and solar production allows for low-cost incremental generation and continuous power supply, supporting a 9.5GW capacity pipeline. Southern Company's conservative load estimates, strong reputation, and high allowed ROEs suggest the potential for growth above the guided 5%-7%, making it an opportunistically priced investment with expected total returns in the low double digits.

Why Southern Company Will Beat Guidance

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Southern (SO) and Singularity Energy join forces to reform energy consumption insights and drive transparency in the energy sector, marking a significant step toward a sustainable energy future.

Southern (SO), Singularity Partner for Energy Transparency

Realty Income Corp

Procter & Gamble

Verizon

Diversified income stocks are a smart choice for investors seeking lifelong cash flow. They offer a reliable stream of income from multiple sources and provide stability and growth potential in any market condition.

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Southern's (SO) unit, Georgia Power, signs a $72 million contract with Fort Eisenhower that enhances energy efficiency, reduces emissions and will cut costs by $6 million annually.

News for Southern Company Stock (SO)