ATLANTA (AP) — ATLANTA (AP) — Southern Co. (SO) on Thursday reported first-quarter net income of $1.33 billion.
The Atlanta-based company said it had profit of $1.21 per share. Earnings, adjusted for non-recurring costs, came to $1.23 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.
The power company posted revenue of $7.78 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $7.01 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
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