Southern Company(SO)

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Southern Company announces upsize and pricing of $1.3 billion in aggregate principal amount of Series 2024A 4.50% Convertible Senior Notes due June 15, 2027
Prnewswire· 2024-05-07 03:09
ATLANTA, May 6, 2024 /PRNewswire/ -- Southern Company (NYSE: SO) today announced the pricing of $1.3 billion in aggregate principal amount of its Series 2024A 4.50% Convertible Senior Notes due June 15, 2027 (the "Convertible Notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), reflecting an upsize of $200 million over the previously announced offering size. In addition, Southern Company granted the initia ...
Southern Company(SO) - 2024 Q1 - Earnings Call Transcript
2024-05-02 18:19
The Southern Company (NYSE:SO) Q1 2024 Earnings Conference Call May 2, 2024 1:00 PM ET Company Participants Scott Gammill - Vice President, Investor Relations & Treasurer Chris Womack - Chairman, President & Chief Executive Officer Dan Tucker - Chief Financial Officer Conference Call Participants Carly Davenport - Goldman Sachs Steve Fleishman - Wolfe Research Shar Pourreza - Guggenheim Partners Nick Campanella - Barclays Durgesh Chopra - Evercore Jeremy Tonet - JPMorgan Anthony Crowdell - Mizuho Securities ...
Southern Co. (SO) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-02 17:01
For the quarter ended March 2024, Southern Co. (SO) reported revenue of $6.65 billion, up 2.6% over the same period last year. EPS came in at $1.03, compared to $0.79 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $7.05 billion, representing a surprise of -5.67%. The company delivered an EPS surprise of +14.44%, with the consensus EPS estimate being $0.90.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...
Southern Co. (SO) Surpasses Q1 Earnings Estimates
Zacks Investment Research· 2024-05-02 13:41
Southern Co. (SO) came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.79 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.44%. A quarter ago, it was expected that this power company would post earnings of $0.59 per share when it actually produced earnings of $0.64, delivering a surprise of 8.47%.Over the last four quarters, the company ...
Southern Company reports first-quarter 2024 earnings
Prnewswire· 2024-05-02 11:30
ATLANTA, May 2, 2024 /PRNewswire/ -- Southern Company today reported first-quarter earnings of $1.1 billion, or $1.03 per share, in 2024 compared with earnings of $862 million, or 79 cents per share, in the first quarter of 2023. Excluding the items described under "Net Income – Excluding Items" in the table below, Southern Company earned $1.1 billion, or $1.03 per share, during the first quarter of 2024, compared with $867 million, or 79 cents per share, during the first quarter of 2023. Non-GAAP Financ ...
Southern Company(SO) - 2024 Q1 - Quarterly Report
2024-05-01 21:41
Table of Contents Index to Financial Statements UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | | Registrant, | | | --- | --- | --- | | Commission | State of Incorporation, | I.R.S. Employer | | File Number | Add ...
Southern Power expands Millers Branch Solar Facility in Texas
Prnewswire· 2024-05-01 13:00
ATLANTA, May 1, 2024 /PRNewswire/ -- Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, today announced the expansion of its 29th solar project — Millers Branch Solar Facility. The Phase II expansion represents an additional 180-megawatts (MW) from the current Phase I 200 MW facility that is nearing the start of construction. The project has the potential to expand up to a total of approximately 500 MWs. Millers Branch "We are thrilled to announce the expansion ...
Can Southern (SO) Maintain Its Beat Streak in Q1 Earnings?
Zacks Investment Research· 2024-04-30 13:41
The Southern Company (SO) is set to release first-quarter results on May 2. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of 90 cents per share on revenues of $7 billion.Let’s delve into the factors that might have influenced the power supplier’s performance in the March quarter. But it’s worth taking a look at Southern Company’s previous-quarter results first.Highlights of Q4 Earnings & Surprise HistoryIn the last reported quarter, the Atlanta, GA-based service provider be ...
Southern Power's South Cheyenne Solar Facility in Wyoming is now operational
Prnewswire· 2024-04-30 13:00
ATLANTA, April 30, 2024 /PRNewswire/ -- Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, today announced that the 150-megawatt (MW) South Cheyenne Solar Facility in Laramie County, Wyoming, is now operational.This project, Southern Power's 30th solar facility, is Southern Power's first solar facility in Wyoming, and it contributes to the company's growing fleet of clean energy resources from California to Maine. South Cheyenne Solar Facility "We are thrilled ...
ALABAMA POWER ANNOUNCES ADDITIONS TO BOARD OF DIRECTORS
Prnewswire· 2024-04-29 19:00
BIRMINGHAM, Ala., April 29, 2024 /PRNewswire/ -- Lee Goodloe, Larry Howell and Will Wilson have been elected to the Alabama Power Board of Directors."We are pleased to welcome these accomplished leaders to our board of directors," said Alabama Power president and CEO Jeff Peoples. "Their varied perspectives and expertise will be valuable to our company, customers, and communities across the state. We appreciate their willingness to serve." Left to right, Lee Goodloe, Larry Howell and Will Wilson. Lee G ...