Previous close | 74.70 |
Open | 75.14 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 74.76 - 75.77 |
52-week range | 61.59 - 75.77 |
Volume | |
Avg. volume | 3,436 |
Market cap | 789.618M |
Beta (5Y monthly) | 0.49 |
PE ratio (TTM) | 0.35 |
EPS (TTM) | 2.15 |
Earnings date | 02 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Southern Co's electricity sales to data centers and other commercial customers, as well as a growing pool of customers in the U.S. South, helped drive a first-quarter profit beat, company executives said on Thursday. Electricity sales to data centers were up 12% in the first three months of 2024, compared with the same period last year, with about a quarter of the growth coming from new developments versus existing centers ramping up, Southern Co executives said on an earnings call.
The headline numbers for Southern Co. (SO) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Robust Performance Highlighted by Increased Utility Revenues and Successful Expansion of Clean Energy Capabilities