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Form 8-K · Current Report · Filed 2024-02-15

Southern Company Reports 2023 Earnings with Excluded Items Analysis

On February 15, 2024, The Southern Company disclosed its earnings for the three-month and twelve-month periods ended December 31, 2023, reporting both GAAP and non-GAAP measures.

Filer
Southern Company SO · NYSE
Filed
Accession
0000092122-24-000011
CIK
0000092122
Signal
Medium impactUtilities

Details

The non-GAAP measures exclude various charges and credits, acquisition impacts, and impairment charges, providing a clearer view of ongoing business performance.

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat General Statement

Market reaction

Close before filing

$67.81

Next session

-2.0%

Since filing

+39.4%

Latest close

$94.54

What happened, not what will happen — closing prices around the filing date.

Exhibits (7)

About Southern Company

Southern Company is a leading energy company in the United States, primarily focusing on electricity generation, transmission, and distribution. It serves a substantial customer base across the southern region of the U.S., providing reliable electric service through its subsidiaries. The company generates electricity through various energy sources, including natural gas, coal, nuclear, and renewables, reflecting its commitment to a diverse energy portfolio. Southern Company plays a vital role in the utilities sector, significantly impacting the energy infrastructure and economic development of the regions it serves. Its efforts towards sustainability and innovation are noteworthy, aiming to incorporate cleaner energy solutions to reduce carbon emissions. Headquartered in Atlanta, Georgia, Southern Company is a critical entity in the utility industry and is known for its robust service delivery and strategic investments in energy technologies. Its operations encompass traditional utility services, wholesale energy services, and energy infrastructure development, making it a key player in shaping the future of energy in the United States.

Exchange NYSE Industry Utilities - Regulated Electric Company website ↗

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