Investing.com - Southern (NYSE:SO) reported fourth quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $0.25 on revenue of $5.34B. Analysts polled by Investing.com forecast EPS of $0.23 on revenue of $4.69B. That compared to EPS of $0.51 on revenue of $5.63B in the same period a year earlier. The company had reported EPS of $1.14 on revenue of $6.16B in the previous quarter.
For the year, Southern shares are up 11.38%, under-performing the S&P 500 which is up 12.22% year to date.
Southern follows other major Utilities sector earnings this month
On January 25, NextEra Energy reported fourth quarter EPS of $1.49 on revenue of $4.39B, compared to forecasts of EPS of $1.53 on revenue of $4.97B.
Enbridge earnings beat analyst's expectations on Friday, with fourth quarter EPS of $0.49 on revenue of $8.71B. Investing.com analysts expected EPS of $0.47 on revenue of $6.46B
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