Southern Co
SO: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$17.00 | Tgczsz | Pwxfvgkbp |
Southern Company Earnings: Plenty of Long-Term Growth Opportunities Following Vogtle Completion
We are reaffirming our $68 fair value estimate for Southern after the company reported $1.42 per share of operating earnings during the third quarter, up from $1.31 in the same quarter in 2022, primarily because of warmer summer weather. We are reaffirming our narrow moat rating.