Southern Co.: Q3 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — Southern Co. (SO) on Thursday reported third-quarter profit of $1.43 billion.

On a per-share basis, the Atlanta-based company said it had net income of $1.30. Earnings, adjusted for non-recurring costs, were $1.42 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.32 per share.

The power company posted revenue of $6.98 billion in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $8.38 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SO at https://www.zacks.com/ap/SO