SO's unit will build Alabama's first utility-scale BESS at the former Plant Gorgas site, starting in 2025 and completing by 2027, enhancing grid stability and clean energy.
Since my previous article, shares of Norfolk Southern have delivered 19% total returns. Volume growth and productivity gains should return the railroad operator to solid growth in 2025 and beyond. Norfolk Southern's debt-to-capitalization ratio meaningfully improved in 2024.
The Southern Company (SO) has guided earnings per share of $4.20-$4.30 for 2025.
High-quality utility The Southern Company released its fourth quarter and full year 2024 results yesterday. In this update, I'll take a fresh look at Southern's operating fundamentals, focusing on customer relationships, energy demand, and profitability. I will also provide an update on debt and leverage, largely because of long-term interest rates, which appear rather unfazed by the Federal Reserve's recent rate-cutting measures.
The Southern Company (NYSE:SO ) Q4 2024 Results Conference Call February 20, 2025 1:00 PM ET Company Participants Greg MacLeod - Director-Investor Relations Chris Womack - Chairman, President & Chief Executive Officer Dan Tucker - Chief Financial Officer Conference Call Participants Carly Davenport - Goldman Sachs Julien Dumoulin-Smith - Jefferies Steve Fleishman - Wolfe Research Anthony Crowdell - Mizuho David Arcaro - Morgan Stanley Jeremy Tonet - JPMorgan Durgesh Chopra - Evercore ISI Paul Fremont - Ladenburg Thalmann Travis Miller - Morningstar Inc. Ryan Levine - Citi Operator Good afternoon. My name is Robert, and I'll be your conference operator today.
Although the revenue and EPS for Southern Co. (SO) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Southern Co. (SO) came out with quarterly earnings of $0.50 per share, missing the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.64 per share a year ago.
Norfolk Southern has shown strong recovery post-derailment, with improved margins and profits, driven by cost savings and increased intermodal traffic. Q4 earnings highlighted a 7% improvement in operating expenses and an 11% increase in operating income, despite a 2% revenue decrease. The company is resuming share repurchases and maintaining a steady dividend, signaling confidence in future growth and balance sheet strength.
SCCO's reports record revenues in 2024, backed by higher sales volumes.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Southern Co. (SO), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Southern Co. (SO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks.com users have recently been watching Southern Co. (SO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.