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Southern announced earnings per share of $1.07 on revenue of $7.21B. Analysts polled by Investing.com anticipated EPS of $0.8449 on revenue of $5.44B.
Southern shares are up 15% from the beginning of the year, still down 5.15% from its 52 week high of $77.24 set on April 21. They are outperforming the S&P 500 which is down 15.58% from the start of the year.
Southern shares gained 0.10% in pre-market trade following the report.
Southern’s report follows an earnings beat by NextEra Energy on July 22, who reported EPS of $0.81 on revenue of $5.18B, compared to forecasts EPS of $0.7598 on revenue of $5.35B.
Iberdrola SA had beat expectations on Wednesday with second quarter EPS of $0.4674 on revenue of $9.41B, compared to forecast for EPS of $0.4255 on revenue of $9.41B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
