Southern Company (NYSE:SO) stock rose after the company reported first-quarter fiscal 2026 results.
The energy solutions company reported:
- Adjusted EPS of $1.32, above the $1.21 consensus, with revenue of $8.4 billion also beating estimates of $8.02 billion.
- Operating revenue growth of 8.0% year over year (Y/Y) in the quarter.
- Operating expenses rose to $6.4 billion from $5.8 billion in the quarter.
Segment Operating Revenues
- Alabama Power $2.092 billion (+4.0% Y/Y)
- Georgia Power $3.142 billion (+3.5% Y/Y)
- Mississippi Power $472 million (+12.4 % Y/Y)
- Southern Power $681 million (+20.1% …