ATLANTA (AP) 鈥� ATLANTA (AP) 鈥� Southern Co. (SO) on Thursday reported first-quarter earnings of $1.36 billion.
On a per-share basis, the Atlanta-based company said it had net income of $1.21. Earnings, adjusted for non-recurring costs, were $1.32 per share.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.21 per share.
The power company posted revenue of $8.4 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $8.09 billion.
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