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Southern Co

SO: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$17.00TgczszPwxfvgkbp

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.

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