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CORRECT: Southern Co Reports First-Quarter Earnings

Southern Co. (SO) reported first-quarter earnings of $368 million, or 42 cents a share, and revenue of $3.6 billion. The company said fuel retail revenue was $1.04 billion, while non-fuel retail revenue was $2.06 billion. Total retail electricity sales fell 5.1%, while total wholesale sales declined 20%. Residential electricity sales dropped 13.7%. Commercial sales dipped 3.1%, but industrial sales grew 1.9%. For the quarter, total kilowatt-hour sales fell 7.3%. On a regional basis, Alabama power revenue fell 7.9% to $1.22 billion. Georgia power fell 12.3% to $1.75 billion. (Headlines between 7:29 a.m. and 7:33 a.m. EDT misstated the figures.)

Stock News for Southern (SO)
DateTimeHeadline
03/31/201514:00:00Southern Company subsidiary's first wind project will be its...
03/30/201509:32:00Plant Farley Unit 1 begins planned refueling and maintenance...
03/23/201507:26:28Utilities And Interest Rates
03/21/201512:00:021 Chart That Defines Our Energy Future
03/20/201517:22:23Proxy Statement - Notice of Shareholders Meeting (preliminary...
03/19/201515:15:00Georgia Power illuminates savings on ENERGY STAR® certified...
03/18/201518:45:21Electric Utility Southern Company Is Oversold
03/17/201518:37:13Own utilities despite rising rate environment, two analysts say
03/17/201514:00:00Southern Company CEO receives national award for leading nuclear...
03/17/201508:59:43Statement of Changes in Beneficial Ownership (4)
03/16/201512:22:00Upgrades to Plant Hatch Unit 2 enhance the production of low-cost...
03/16/201508:37:19Time To Nibble On Southern Company
03/15/201518:10:25Dividend Contenders: 26 Increases Expected In The Next 11 Weeks
03/03/201511:44:13Statement of Changes in Beneficial Ownership (4)
03/03/201511:43:38Statement of Changes in Beneficial Ownership (4)
03/03/201511:43:11Statement of Changes in Beneficial Ownership (4)
03/03/201511:42:47Statement of Changes in Beneficial Ownership (4)
03/03/201511:42:20Statement of Changes in Beneficial Ownership (4)
03/03/201511:41:32Statement of Changes in Beneficial Ownership (4)
03/03/201511:41:00Statement of Changes in Beneficial Ownership (4)

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