The Southern Company (SO) is scheduled to report its fourth-quarter and full-year results on February 15. Wall Street expects the company to post higher earnings and revenue over the prior-year quarter. In this piece, I have discussed why it could be wise to wait for a better entry point in the stock now despite the potential rise in earnings and revenue during the fourth quarter.
For the fourth quarter, SO’s EPS and revenue are expected to increase 131.2% and 4.6% year-over-year to $0.60 and $7.37 billion, respectively. The company has a stellar earnings history, having beaten the consensus EPS estimate in each of the trailing four quarters.
