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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 ...
Vogtle Unit 4 enters commercial operation
Prnewswire· 2024-04-29 11:22
Plant Vogtle now the largest generator of clean energy in U.S.ATLANTA, April 29, 2024 /PRNewswire/ -- Georgia Power declared today that Plant Vogtle Unit 4 has entered commercial operation and is now serving customers and the State of Georgia. The new unit, which can produce enough electricity to power an estimated 500,000 homes and businesses, will provide reliable, emissions-free energy to customers for at least 60 to 80 years. Vogtle Unit 3 entered commercial operation on July 31, 2023 (read more).  G ...
Historically Black Colleges and Universities in Georgia and Florida Join Forces with SouthStar Energy Services in Sustainability Partnership
Prnewswire· 2024-04-25 18:33
ATLANTA, April 25, 2024 /PRNewswire/ -- SouthStar Energy Services®, a member of the Southern Company family of companies, has entered into a groundbreaking alliance with two Historically Black Colleges and Universities across its multi-state business footprint. This new partnership with Paine College in Augusta, Georgia and Bethune-Cookman University in Daytona Beach, Florida aims to reduce the institutions' emissions footprints from their natural gas use through SouthStar's innovative Greener Life® for Bus ...
Southern Co. (SO) Earnings Expected to Grow: Should You Buy?
Zacks Investment Research· 2024-04-25 15:08
The market expects Southern Co. (SO) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released o ...
Southern Company increases dividend for 23rd consecutive year; annualized rate rises to $2.88 per share
Prnewswire· 2024-04-22 15:47
ATLANTA, April 22, 2024 /PRNewswire/ -- Southern Company today announced it is increasing its dividend by 8 cents per share on an annualized basis to a rate of $2.88 per share.   This marks the 76th consecutive year that Southern Company has paid a dividend on its common stock that is equal to or greater than the previous quarter. Additionally, this is the 23rd consecutive year the company has raised its dividend. Southern Company also announced a regular quarterly dividend – including an increase of 2 cent ...
Give Old Electronics a New Life with Georgia Natural Gas and Lenox Square at Annual Earth Day Recycling Drive
Prnewswire· 2024-04-16 16:50
ATLANTA, April 16, 2024 /PRNewswire/ -- Georgia Natural Gas, the state's leading natural gas provider, is teaming up with Lenox Square to encourage Georgia residents and businesses to drive down waste by recycling unwanted electronics at their Annual Electronic Recycling Drive. In honor of Earth Day, used electronics will be collected at Lenox Square, located at 3393 Peachtree Rd. NE in Atlanta on Saturday, April 20, from 9:00 a.m. to 2 p.m. The event is free and open to the public. With help from eWaste eP ...
Georgia Power highlights training programs and career opportunities during Lineworker Appreciation Month
Prnewswire· 2024-04-04 15:38
Partnership with Georgia's technical colleges helping bring new professionals to field;Company expects to hire 170 lineworkers annually in coming yearsATLANTA, April 4, 2024 /PRNewswire/ -- April is designated nationally as Lineworker Appreciation Month – a time to recognize and celebrate the thousands of lineworkers who work around the clock to keep the lights on for electric customers. This month, Georgia Power is highlighting the successful, forward-thinking collaboration between the company and Georgia' ...
Southern Company first-quarter earnings to be released May 2
Prnewswire· 2024-04-04 14:00
ATLANTA, April 4, 2024 /PRNewswire/ -- Southern Company plans to release its earnings for the first quarter of 2024 by 7:30 a.m. EST on Thursday, May 2, 2024. Chairman, president and CEO Christopher C. Womack and CFO Daniel S. Tucker will discuss earnings during a conference call for financial analysts at 1 p.m. EST on Thursday, May 2. Investors, media and the public may listen to a live webcast of the conference call at https://investor.southerncompany.com/events-and-presentations/default.aspx by clicking ...