offline
Utilities | Electric Utilities | USA
Retail Unit Helps Southern Company (SO) Beat Q4 Earnings
Power supplier Southern Company SO reported fourth-quarter 2018 earnings per share (excluding certain one-time items) of 25 cents, a penny above the Zacks Consensus Estimate. The outperformance stemmed from favorable regulatory results and strength of its retail unit.
However, Southern Company’s bottom line witnessed a fall from the year-ago quarter’s profit of 51 cents on lower sales from the wholesale segment.
The Atlanta-based utility’s quarterly revenue – at $5.3 billion – came 5.2% lower than the fourth-quarter 2017 sales but beat the Zacks Consensus Estimate of $4.9 billion.
...
https://finance.yahoo.com/news/retail-un...05231.html
![[Bild: SOc1dl1528.png]](https://finviz.com/publish/022019/SOc1dl1528.png)
Retail Unit Helps Southern Company (SO) Beat Q4 Earnings
Power supplier Southern Company SO reported fourth-quarter 2018 earnings per share (excluding certain one-time items) of 25 cents, a penny above the Zacks Consensus Estimate. The outperformance stemmed from favorable regulatory results and strength of its retail unit.
However, Southern Company’s bottom line witnessed a fall from the year-ago quarter’s profit of 51 cents on lower sales from the wholesale segment.
The Atlanta-based utility’s quarterly revenue – at $5.3 billion – came 5.2% lower than the fourth-quarter 2017 sales but beat the Zacks Consensus Estimate of $4.9 billion.
...
https://finance.yahoo.com/news/retail-un...05231.html
