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Sep 30, 2024
Southern Co Q3 2024 Earnings Report
Southern Company's earnings increased due to higher utility revenues, offset by increased expenses.
Key Takeaways
Southern Company reported third-quarter earnings of $1.5 billion, or $1.40 per share, in 2024, compared to $1.4 billion, or $1.30 per share, in the third quarter of 2023. Excluding certain items, Southern Company earned $1.6 billion, or $1.43 per share, during the third quarter of 2024, compared to $1.5 billion, or $1.42 per share, during the third quarter of 2023. Operating revenues increased by 4.2% to $7.3 billion.
Third-quarter earnings were $1.5 billion, or $1.40 per share.
Excluding certain items, earnings were $1.6 billion, or $1.43 per share.
Operating revenues increased by 4.2% to $7.3 billion.
Company responded to Hurricane Helene, the most destructive storm in Georgia Power’s history.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
No specific forward guidance was provided in the release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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