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Southern Shares Rise 1.97% Ahead of November Earnings
The utility's shares closed at $85.44, while Zacks estimates point to higher quarterly sales and earnings ahead of its November report.
Key takeaways
- Southern shares closed at $85.44, up 1.97%, outpacing the S&P 500’s 0.58% gain.
- Zacks expects quarterly earnings of $1.65 per share and revenue of $8.34 billion.
Southern Company shares rose 1.97% to $85.44 in the latest session, outpacing the S&P 500’s 0.58% gain. The Dow rose 0.49%, while the Nasdaq added 0.45%.
The company is expected to report earnings on November 5, 2026. Zacks estimates quarterly earnings of $1.65 per share, up 3.13% from the year-earlier quarter, and revenue of $8.34 billion, up 6.56%.
For the full year, Zacks projects earnings of $4.59 per share and revenue of $31.04 billion. Those estimates represent increases of 6.74% and 5.02%, respectively, from the prior year.
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Further reading
This article was produced with the help of AI technology. Source: Yahoo Finance
