Southern Raises FY24 Adj EPS Guidance from $3.95-$4.05 to $4.05 vs $4.03 Est
Portfolio Pulse from Benzinga Newsdesk
Southern Company has raised its fiscal year 2024 adjusted earnings per share (EPS) guidance from a range of $3.95-$4.05 to $4.05, surpassing the estimated $4.03.
October 31, 2024 | 11:42 am
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Southern Company has increased its FY24 adjusted EPS guidance to $4.05, which is above the previous range and the market estimate of $4.03. This suggests a positive outlook for the company's financial performance.
The increase in EPS guidance indicates that Southern Company expects better financial performance than previously anticipated. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100