The Southern Company (SO), headquartered in Atlanta, Georgia, is an energy provider specializing in generating, transmitting, and distributing electricity. With a market cap of $101.4 billion, the company serves millions of customers across the southeastern U.S. through a diverse energy portfolio, including traditional and renewable sources. The Southern Company is set to announce its Q3 earnings before the market opens on Thursday, Oct. 31.
Ahead of the event, analysts expect SO to report a profit of $1.32 per share, down 7% from $1.42 in the year-ago quarter. The company has consistently beaten Wall Street's earnings estimates in the last four quarters.
