On Thursday 31st October 2024, The Southern Company (NYSE: SO) will be releasing its third quarter financial results. This much awaited announcement will be made before market open.
As per the projections made by financial experts on Wall Street, the enterprise is expected to announce an estimated $1.34 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $7.29 billion.
During the same quarter of the previous year, the company made public its income of $1.42 per share, which were derived from a quarterly revenue of $6.98 billion.
According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $26.42 billion. Additionally, they forecast the earnings per share to hit profit of $4.03 for the fiscal year.
The business has scheduled a conference call on 31st October 2024 at 01:00 PM eastern time to discuss Q3 financial results.
During Tuesday's trading, The Southern Company (SO) shares reached a low of $89.63 and a high of $91.03, along with a total volume of 5.86 million shares. The stock ended the regular trading session at $89.82, marking decline of 2.15 percent.
