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Southern Co. (SO) Reports Q4 Earnings: What Key Metrics Have to Say
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For the quarter ended December 2024, Southern Co. (SO - Free Report) reported revenue of $6.34 billion, up 4.9% over the same period last year. EPS came in at $0.50, compared to $0.64 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $6.22 billion, representing a surprise of +1.96%. The company delivered an EPS surprise of -1.96%, with the consensus EPS estimate being $0.51.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Southern Co. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Operating Revenues- Southern Power: $417 million versus $567.15 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -17.1% change.
Operating Revenues- Southern Company Natural Gas: $1.24 billion compared to the $1.15 billion average estimate based on three analysts. The reported number represents a change of -3.8% year over year.
Operating Revenues- Georgia Power: $2.59 billion compared to the $2.37 billion average estimate based on two analysts. The reported number represents a change of +11.8% year over year.
Operating Revenues- Mississippi Power: $345 million versus the two-analyst average estimate of $358.11 million. The reported number represents a year-over-year change of +2.4%.
Operating Revenues- Other: $331 million versus the two-analyst average estimate of $271.27 million. The reported number represents a year-over-year change of +15.3%.
Operating Revenues- Natural Gas revenues: $1.24 billion versus the two-analyst average estimate of $1.21 billion. The reported number represents a year-over-year change of -3.8%.
Operating Revenues- Alabama Power: $1.75 billion versus the two-analyst average estimate of $1.82 billion. The reported number represents a year-over-year change of +7.4%.
Net Income Available to Common- Southern Company Gas: $185 million versus the three-analyst average estimate of $115.74 million.
Net Income Available to Common- Southern Power: $64 million compared to the $112.16 million average estimate based on three analysts.
Net Income Available to Common- Mississippi Power: $13 million versus the two-analyst average estimate of $41.23 million.
Net Income Available to Common- Alabama Power: $208 million versus $129.54 million estimated by two analysts on average.
Net Income Available to Common- Georgia Power: $294 million versus $448.47 million estimated by two analysts on average.
Shares of Southern Co. have returned +4.8% over the past month versus the Zacks S&P 500 composite's +2.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Southern Co. (SO) Reports Q4 Earnings: What Key Metrics Have to Say
For the quarter ended December 2024, Southern Co. (SO - Free Report) reported revenue of $6.34 billion, up 4.9% over the same period last year. EPS came in at $0.50, compared to $0.64 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $6.22 billion, representing a surprise of +1.96%. The company delivered an EPS surprise of -1.96%, with the consensus EPS estimate being $0.51.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Southern Co. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Operating Revenues- Southern Power: $417 million versus $567.15 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -17.1% change.
- Operating Revenues- Southern Company Natural Gas: $1.24 billion compared to the $1.15 billion average estimate based on three analysts. The reported number represents a change of -3.8% year over year.
- Operating Revenues- Georgia Power: $2.59 billion compared to the $2.37 billion average estimate based on two analysts. The reported number represents a change of +11.8% year over year.
- Operating Revenues- Mississippi Power: $345 million versus the two-analyst average estimate of $358.11 million. The reported number represents a year-over-year change of +2.4%.
- Operating Revenues- Other: $331 million versus the two-analyst average estimate of $271.27 million. The reported number represents a year-over-year change of +15.3%.
- Operating Revenues- Natural Gas revenues: $1.24 billion versus the two-analyst average estimate of $1.21 billion. The reported number represents a year-over-year change of -3.8%.
- Operating Revenues- Alabama Power: $1.75 billion versus the two-analyst average estimate of $1.82 billion. The reported number represents a year-over-year change of +7.4%.
- Net Income Available to Common- Southern Company Gas: $185 million versus the three-analyst average estimate of $115.74 million.
- Net Income Available to Common- Southern Power: $64 million compared to the $112.16 million average estimate based on three analysts.
- Net Income Available to Common- Mississippi Power: $13 million versus the two-analyst average estimate of $41.23 million.
- Net Income Available to Common- Alabama Power: $208 million versus $129.54 million estimated by two analysts on average.
- Net Income Available to Common- Georgia Power: $294 million versus $448.47 million estimated by two analysts on average.
View all Key Company Metrics for Southern Co. here>>>Shares of Southern Co. have returned +4.8% over the past month versus the Zacks S&P 500 composite's +2.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.