Southern Earnings beat, Revenue misses In Q4 By Investing.com

Southern (NYSE:SO) reported on Thursday fourth quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.

Southern announced earnings per share of $0.47 on revenue of $5.12B. Analysts polled by Investing.com anticipated EPS of $0.4159 on revenue of $5.79B.

Southern shares are down 3% from the beginning of the year and are trading at $59.27 , down-from-52-week-high.They are under-performing the S&P 500 which is up 4.67% from the start of the year.

Southern follows other major Utilities sector earnings this month

Southern’s report follows an earnings beat by NextEra Energy on January 26, who reported EPS of $0.4 on revenue of $4.4B, compared to forecasts EPS of $0.3818 on revenue of $5.56B.

Enbridge had missed expectations on February 12 with fourth quarter EPS of $0.4407 on revenue of $7.41B, compared to forecast for EPS of $0.4644 on revenue of $8.9B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar