A Look Ahead: Southern's Earnings Forecast
Portfolio Pulse from Benzinga Insights
Southern (NYSE:SO) is set to announce its quarterly earnings on October 31, 2024, with analysts estimating an EPS of $1.35. The company's past performance shows a trend of beating estimates, which has positively impacted its stock price. Southern's financial metrics, such as revenue growth and net margin, are strong compared to peers, but its debt management poses a risk. The consensus analyst rating is Neutral, with a slight downside potential in the price target.
October 30, 2024 | 5:02 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Southern is expected to announce its earnings with an EPS estimate of $1.35. The company has a history of beating estimates, which could positively impact its stock price. However, the consensus rating is Neutral, with a slight downside in the price target.
Southern's history of beating earnings estimates suggests a potential positive impact on the stock price if it surpasses the $1.35 EPS estimate. The Neutral consensus rating and slight downside in the price target indicate mixed market sentiment, but the company's strong financial metrics could drive short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100