Southern Co. (SO) Reports In-Line Q4 EPS
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EPS Growth %: +7.6%
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Allowance for equity funds used during construction: 52M
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Southern Co. (NYSE: SO) reported Q4 EPS of $0.38, ex-items, in-line with the analyst estimate of $0.38. Revenue for the quarter came in at $4.05 billion versus the consensus estimate of $3.73 billion.
"Southern Company had one of its best years ever serving customers in 2014," said Southern Company Chairman, President and CEO Thomas A. Fanning. "We continued to lead the industry in customer satisfaction and set several all-time records for system reliability. Our commitment to providing clean, safe, reliable and affordable electricity – while making communities better off because we're there – remains the cornerstone of our business."
Fanning said economic growth was especially strong during the second half of 2014, led by manufacturing activity, growth in exports and a stronger domestic economy.
For earnings history and earnings-related data on Southern Co. (SO) click here.
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