- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
S&P 500 (NYSE:SPY) component Southern Co (NYSE:SO) will unveil its latest earnings tomorrow, Wednesday, January 30, 2013. Southern Company, through its operating companies, provides electric service in four Southeastern states.
Southern Co Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for profit of 40 cents per share, a rise of 33.3% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 1.9% versus last year to $2.62.
Past Earnings Performance: Last quarter, the company fell short of estimates by one cent, coming in at net income of $1.11 per share against a mean estimate of profit of $1.14. The company topped expectations in the second quarter.
Start 2013 better than ever by saving time and making money with your Limited Time Offer for our highly-acclaimed Stock Picker Newsletter. Click here for our fresh Feature Stock Pick now!
Wall St. Revenue Expectations: Analysts predict a rise of 23.8% in revenue from the year-earlier quarter to $4.58 billion.
A Look Back: In the third quarter, profit rose 6.4% to $993 million ($1.12 a share) from $933 million ($1.06 a share) the year earlier, but fell short analyst expectations. Revenue fell 7% to $5.05 billion from $5.43 billion.
Here’s how Southern Co traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week:
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.