Southern Affirms FY2023 Adj EPS Guidance of $3.55-3.65 vs $3.60 Est, Q3 Adj. EPS Guidance $1.60 Vs. $1.43 Est
Portfolio Pulse from Benzinga Newsdesk
Southern Company has reaffirmed its FY2023 adjusted EPS guidance of $3.55-3.65, compared to the estimated $3.60. The company also provided Q3 adjusted EPS guidance of $1.60, higher than the estimated $1.43.
August 04, 2023 | 1:03 pm
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POSITIVE IMPACT
Southern Company's reaffirmed FY2023 EPS guidance and higher than expected Q3 EPS guidance may positively impact its stock price.
Southern Company's reaffirmed FY2023 EPS guidance indicates stability in its financial outlook. The higher than expected Q3 EPS guidance suggests better than anticipated performance, which could lead to a positive market reaction and a potential increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100