Atlanta, Georgia-based The Southern Company (SO) generates, transmits, and distributes electricity. Valued at $88.70 billion by market cap, the company also offers wireless telecommunications services, provides businesses with two-way radio, telephone, paging, and internet access services, and wholesales fiber optic solutions. The leading energy company is expected to announce its fiscal second-quarter earnings for 2024 before the market opens on Thursday, Aug. 1.
Ahead of the event, analysts expect SO to report a profit of $0.90 per share on a diluted basis, up 13.9% from $0.79 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.
