Southern Co Q2 2024 Earnings Report
Key Takeaways
Southern Company reported second-quarter earnings of $1.2 billion, or $1.10 per share, compared to $838 million, or $0.77 per share, in the second quarter of 2023. Operating revenues increased by 12.4% to $6.5 billion.
Second-quarter earnings reached $1.2 billion, or $1.10 per share, up from $838 million, or $0.77 per share, in Q2 2023.
Operating revenues increased by 12.4% to $6.5 billion compared to $5.7 billion in the second quarter of 2023.
Adjusted earnings drivers included higher utility revenues, partially offset by increased interest expense, depreciation and amortization, and income taxes.
Economies in Southern Company's service territories, particularly in the Southeast, remained strong with customer growth and economic development.
Southern Co
Southern Co
Southern Co Revenue by Segment
Forward Guidance
No specific forward guidance was found in this report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income