Southern Q2 Sales $6.463B Beat $6.099B Estimate
Portfolio Pulse from Benzinga Newsdesk
Southern Company (NYSE:SO) reported Q2 sales of $6.463 billion, surpassing the analyst consensus estimate of $6.099 billion by 5.96%. This marks a 12.44% increase from the same period last year.
August 01, 2024 | 11:19 am
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Southern Company (NYSE:SO) reported Q2 sales of $6.463 billion, beating the analyst consensus estimate of $6.099 billion by 5.96%. This represents a 12.44% increase from the same period last year.
Southern Company's better-than-expected Q2 sales and significant year-over-year growth are likely to positively impact its stock price in the short term. Beating analyst estimates by a notable margin often boosts investor confidence and can lead to a stock price increase.
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