Southern Company-Southern Co. (SO) Beats Q2 Earnings and Revenue 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 $0.79 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 19.78%. A quarter ago, it was expected that this power company would post earnings of$ 0.90 per share when it actually produced earnings of $1.03, delivering a surprise of 14.44%. Over the last four quarters, the compan ...