- Southern Co’s adjusted EPS for Q1 stands at $1.23, surpassing last year’s $1.03 and exceeding the estimate of $1.20.
- Operating revenue reached $7.78 billion, marking an 18% increase year-over-year and outperforming the estimated $7.05 billion.
- Alabama Power reported operating revenue of $2.01 billion, a 12% rise from the previous year, beating the forecast of $1.96 billion.
- Georgia Power’s operating revenue soared to $3.04 billion, up by 27% year-over-year, significantly above the $2.57 billion estimate.
- Mississippi Power generated $420 million in operating revenue, a 23% increase from last year and higher than the projected $352.2 million.
- Southern Power’s revenue grew by 20% to $567 million, exceeding the expected $540.9 million.
- Southern Company Gas recorded a 7.7% increase in revenue, reaching $1.84 billion and outperforming the $1.51 billion estimate.
- Total electric sales amounted to 48,485 mmkwh, reflecting a 4.2% year-over-year growth.
- Commercial electricity sales increased by 3.3% to 11,852 mmkwh.
- Industrial electricity sales rose modestly by 0.5% to 11,824 mmkwh.
- Operating expenses climbed 17% to $5.77 billion, which is higher than the estimated $5.09 billion.
- Investment analyst recommendations include 7 buys, 13 holds, and 1 sell for Southern Co.
Southern Co/The on Smartkarma
Analyst coverage of Southern Co/The on Smartkarma by Baptista Research has highlighted positive insights on the company’s recent performance and growth prospects. In the report titled “Southern Company: Is The Growth in Southern Power’s Asset Portfolio Sustainable?“, the analyst notes the company’s strong performance in the fourth quarter of 2024, with adjusted earnings per share reaching $4.05, reflecting an 11% growth from the previous year. This success is attributed to steady investments in state-regulated utilities and effective management of weather-related impacts. The report also mentions the addition of new customers in both electric and natural gas distribution businesses, pointing to robust growth, particularly in the Southeast.
Another report by Baptista Research titled “The Southern Company: Growth in Renewable & Natural Gas Expansion As A Key Growth Catalyst!” emphasizes the company’s operational resilience and growth potential. Despite facing challenges like Hurricane Helene, Southern Company demonstrated impressive operational capabilities with a rapid restoration effort. The report acknowledges the company’s growth in renewable and natural gas expansion as key catalysts for future growth. Overall, the analyst sentiment leans bullish, underscoring optimism towards Southern Co/The‘s prospects based on its recent financial performance and strategic initiatives.
A look at Southern Co/The Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Investors looking at the long-term prospects for The Southern Company can take heart in the Smartkarma Smart Scores. While the company scores moderately in terms of value and resilience, it excels in areas such as dividend, growth, and momentum. A high score in momentum indicates a strong upward trend, which can be appealing to investors seeking potential growth opportunities. The solid scores in dividend and growth reflect stable income generation and promising future expansion.
The Southern Company, a public utility holding company focused on electricity services in the southeastern United States, shows strength in key areas according to the Smart Scores. With a solid dividend and growth score, along with strong momentum, the company appears to be well-positioned for future success. This, coupled with its established presence in the utility sector, indicates a positive outlook for investors considering long-term investment strategies.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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