Southern Co. Posts Higher 3Q Profit, Revenue
By Josée Rose
Southern Co.'s third-quarter profit and revenue rose on higher utility revenue.
The Atlanta utility company said third-quarter net income rose to $1.71 billion, or $1.55 a share, compared with $1.53 billion, or $1.40 a share, a year earlier.
Adjusted earnings were $1.60 a share.
Analysts polled by Factset had guided for earnings of $1.50 and adjusted earnings of $1.51 a share.
Revenue rose to $7.8 billion, beating Wall Street's expectations of $7.62 billion. Overall, wholesale electric, commercial electricity sales, industrial sales, residential sales and retail sales all ticked up, though growth was offset by milder weather.
Write to Josée Rose at josee.rose@wsj.com
(END) Dow Jones Newswires
October 30, 2025 08:13 ET (12:13 GMT)
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