SO - Southern Company Powering Forward Amid Q1 Revenue Dip: Details | Benzinga
Southern Company (NYSE:SO) reported a first-quarter 2024 operating revenue decline of 2.6% year-over-year to $6.646 billion, missing the consensus of $6.558 billion.
Operating revenues: Alabama Power $1.791 billion (+8.7% Y/Y), Georgia Power $2.398 billion (+10.2% Y/Y), Mississippi Power $342 million (-12.3% Y/Y), Southern Power $473 million (-6.9% Y/Y) and Southern Company Gas $1.707 billion (-9% Y/Y).
“All our businesses experienced a strong start to 2024,” said Chairman, President and CEO Christopher C. Womack.
“This performance was driven by a variety of ...