Southern Q3 Adj. EPS Outlook $1.30 Vs. $1.47 Estimate
Portfolio Pulse from Benzinga Newsdesk
Southern Company has revised its Q3 adjusted EPS outlook to $1.30, which is below the estimated $1.47.
August 01, 2024 | 11:40 am
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Southern Company has revised its Q3 adjusted EPS outlook to $1.30, which is below the estimated $1.47. This could indicate potential challenges in the company's financial performance for the quarter.
The downward revision of the EPS outlook suggests that Southern Company may be facing financial challenges or lower-than-expected performance for the quarter. This is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100