Southern Affirms FY24 Adj EPS Guidance Of $3.95-$4.05 vs $4.02 Estimate
Portfolio Pulse from Benzinga Newsdesk
Southern Company has reaffirmed its FY24 adjusted EPS guidance of $3.95-$4.05, which is in line with the market estimate of $4.02.
August 01, 2024 | 11:39 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Southern Company has reaffirmed its FY24 adjusted EPS guidance of $3.95-$4.05, which aligns with the market estimate of $4.02. This indicates stability and predictability in the company's earnings outlook.
Reaffirming the EPS guidance within the expected range suggests that Southern Company is on track with its financial performance, which is likely to be viewed positively by investors. This stability can lead to a slight positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100