- Southern Co reported fourth-quarter adjusted earnings per share (EPS) of 50 cents, surpassing the estimated 49 cents, despite being lower than last year’s 64 cents.
- The company’s operating revenue for the quarter reached $6.3 billion, marking a 4.2% increase compared to the same period last year, and exceeding the estimated $5.87 billion.
- Total electricity sales amounted to 46,577 million kilowatt-hours (mmkwh), representing a year-over-year increase of 2.7%.
- Commercial electricity sales recorded 11,789 mmkwh, growing by 4.4% from the previous year.
- Industrial electricity sales achieved 12,005 mmkwh, an increase of 2% year-over-year.
- Analyst recommendations for Southern Co include 7 buy ratings, 12 hold ratings, and 2 sell ratings.
Southern Co/The on Smartkarma
Independent analysts on Smartkarma, like Baptista Research, are closely watching The Southern Company. In their recent coverage titled “The Southern Company: Growth in Renewable & Natural Gas Expansion As A Key Growth Catalyst!“, they highlighted the company’s operational resilience despite challenges like Hurricane Helene. This report emphasizes Southern Company’s ability to rapidly restore operations and its moderate financial performance amidst external pressures.
Another report from Baptista Research, titled “The Southern Company: Infrastructure Resilience and Technological Enhancements Catalyzing Growth!“, focuses on the company’s strong performance in the second quarter of 2024. The analysts noted robust earnings across Southern Company’s electric and gas businesses, with adjusted earnings per share exceeding expectations. This report underscores the company’s ability to meet higher electric load demands and benefit from economic growth in the Southeast region.
A look at Southern Co/The Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
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
Based on the Smartkarma Smart Scores analysis, The Southern Company is positioned well for the long term. With solid scores of 4 for both Dividend and Growth, the company shows promise in returning value to investors while also demonstrating potential for expansion. Although scoring lower in Resilience with a 2, indicating some vulnerability to market fluctuations, the company’s overall outlook appears positive.
The Southern Company, a public utility holding company operating in the southeastern United States, received a moderate score of 3 for Value and Momentum. This suggests a balanced approach to investing in the company, considering both its intrinsic worth and its growth potential. With a diverse range of services including electricity generation and telecommunications, The Southern Company presents opportunities for investors seeking stable returns with room for development.
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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