On Thursday, July 30, Southern SO will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
Based on management's projections, Southern analysts model for earnings of $0.67 per share on sales of $4.91 billion. In the same quarter last year, Southern reported EPS of $0.800 on revenue of $5.10 billion. If the company were to match the consensus estimate when it reports Thursday, EPS would have fallen 16.25%. Revenue would be down 9.91% from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.71 | 0.27 | 1.15 | 0.73 |
| EPS Actual | 0.78 | 0.27 | 1.34 | 0.80 |
| Revenue Estimate | 5.45 B | 5.29 B | 6.17 B | 5.14 B |
| Revenue Actual | 5.02 B | 4.91 B | 6.00 B | 5.10 B |
Stock Performance
Shares of Southern were trading at $55.29 as of July 29. Over the last 52-week period, shares are down 3.62%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Southern is scheduled to hold the call at 13:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.southerncompany.com%2Finformation-for-investors%2Finvestor-information%2Fwebcasts-and-presentations%2Fdefault.aspx&eventid=2374594&sessionid=1&key=CCD6DB4CB60C0B7B79900DFD530812A5®Tag=&sourcepage=register
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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