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Jun 30, 2024
Southern Co Q2 2024 Earnings Report
Southern Company's financial performance improved in Q2 2024, with increased earnings compared to the same period last year.
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.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
No specific forward guidance was found in this report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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