SO · Utilities

SOUTHERN CO

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: everything published this earnings window

News · 2026-11-08

• Data Center / Load GrowthImportance 20 · Surprise 24
  Third-party reporting linked Southern’s recent electricity-sales strength to increased demand from data centers. It also cited higher usage and growing large commercial and industrial demand in the Southeast. The…

News · 2026-11-06

• Regulated Capital Investment PlanImportance 64 · Surprise 42
  Southern’s capital plan included an $81 billion base plan and approximately $4 billion of projected incremental investment. The plan could approach $100 billion over five years, according to the earnings-call summary.
• Data Center / Load GrowthImportance 63 · Surprise 64
  Southern’s weather-normalized sales increased 3.5% year over year in Q3 2026 and 2.7% year to date, while commercial sales rose 7.3% in the quarter. Data center usage grew 59% in Q3 and 52% year to date. The portfolio…
• Guidance / OutlookImportance 55 · Surprise 50
  Management expects full-year 2026 adjusted EPS of $4.70, $0.10 above the top of its original guidance range, implying 9% year-over-year adjusted earnings growth. The earnings-call coverage also says the company expects…
• Quarterly Earnings PerformanceImportance 51 · Surprise 50
  Adjusted Q3 2026 EPS was $1.94, up $0.34 year over year and $0.29 above estimates. Year-to-date adjusted EPS was $4.40, compared with $3.76 for the same period of 2025. The company expected full-year 2026 adjusted EPS…
• Segment ProfitabilityImportance 47 · Surprise 48
  Georgia Power’s Q3 2026 net income rose 22% to $1.52 billion. The reported driver was surging demand from large commercial and industrial customers, with data centers specifically cited as a key factor.
• Regulatory RiskImportance 40 · Surprise 42
  Georgia Democrats won a majority on the Public Service Commission for the first time in decades. The new majority is expected to challenge Georgia Power on high bills, clean energy, and data-center costs, creating…
• Revenue Performance and MixImportance 9 · Surprise 6
  Southern Company reported Q3 2026 revenue of $8.84 billion, above analyst expectations. The digest does not provide a year-over-year revenue comparison or segment revenue breakdown.

Earnings call · 2026-11-05

• Data Center / Load GrowthImportance 75 · Surprise 64
  Data center usage was 59% higher in the quarter and 52% higher year-to-date, as customer load ramps accelerated. Southern Company’s signed large-load contracts reached 21 gigawatts, with another 7 gigawatts in late…
• Guidance / OutlookImportance 62 · Surprise 68
  Southern Company estimated fourth-quarter adjusted EPS of $0.30, which would bring full-year 2026 adjusted EPS to $4.70. That estimate is $0.10 above the top of the original 2026 adjusted earnings guidance range and…
• Regulated Capital Investment PlanImportance 58 · Surprise 42
  Southern Company identified approximately $4 billion of projected investment above its $81 billion base capital plan. The incremental projects include 400 megawatts of upgrades at existing Southern Power natural-gas…
• Renewable Generation TransitionImportance 57 · Surprise 64
  Management said renewables remain part of the generation mix being considered to meet rising load, alongside large-scale resources. The company had nearly 1 gigawatt of battery storage on its system and expected to…
• Financing ActivitiesImportance 50 · Surprise 24
  Management said financing practices are intended to support credit objectives and the long-term outlook in a rising interest-rate environment. Southern Company has drawn on a portion of approximately $27 billion of…
• Rate Case OutcomesImportance 46 · Surprise 42
  Southern Company said it is committed to holding base rates flat in Alabama and Georgia until at least 2029, and Georgia Power reduced rates in summer 2026. Management said Georgia Power must make a filing in 2028 and…
• Net Income and EPS PerformanceImportance 40 · Surprise 30
  Third-quarter 2026 adjusted EPS was $1.94, up $0.34 from the third quarter of 2025 and $0.29 above the company's estimate. Management cited warmer weather, increased usage and customer growth, higher revenue from large…
• Revenue Performance and MixImportance 37 · Surprise 32
  Southern Company reported weather-normal sales growth of 3.5% in the third quarter and 2.7% year-to-date, with all customer classes higher. Commercial sales rose 7.3% year over year, while residential sales increased…
• Southern Power RecontractingImportance 26 · Surprise 24
  Management described ongoing Southern Power contract negotiations and opportunities extending beyond the Southeast to other parts of the country. It cited opportunities across existing-site upgrades, greenfield…
• Data Center Regulatory RiskImportance 26 · Surprise 24
  Asked about potential executive orders to pause new data-center developments in Georgia, management said it was confident in existing projects because they are contracted and have protections. The CEO said there had…
• Geographic Market CommentaryImportance 20 · Surprise 24
  Management described broad-based economic development across Alabama, Georgia and Mississippi, with the Southeast on track to double its prior annual record of announced capital investment. Third-quarter announcements…
• Grid Modernization and ReliabilityImportance 20 · Surprise 24
  Southern Company said its electric and gas systems met significant demand during a particularly warm third quarter, delivering record electricity sales while maintaining fleet reliability. Following Hurricane Isaias,…
• Nuclear Generation PolicyImportance 20 · Surprise 24
  The CEO said new nuclear generation could help meet economic and power-demand growth and described ongoing federal-level discussions about restarting the U.S. nuclear industry. Management said risk-mitigation…
• Quarterly Dividend DeclarationImportance 10 · Surprise 6
  Management cited 25 consecutive years of dividend increases and more than 75 years without a dividend reduction. The comments positioned the dividend record alongside 8% EPS growth and strong credit metrics as part of…

8-K · 2026-11-05

• Repowering and Depreciation ChargesImportance 83 · Surprise 82
  Southern Power recorded $118 million of pre-tax accelerated depreciation and decommissioning charges in the third quarter of 2026, compared with $103 million a year earlier. The nine-month 2026 charge was $414 million,…
• Renewable Generation TransitionImportance 77 · Surprise 82
  Southern Power Company’s wind-facility repowering generated $414 million in pre-tax accelerated depreciation and decommissioning costs during the nine months ended September 30, 2026. These costs are expected to…
• Quarterly Earnings PerformanceImportance 47 · Surprise 22
  Third-quarter 2026 net income attributable to Southern Company was $2.046 billion, up 19.6% from $1.711 billion, and reported EPS rose to $1.77 from $1.55. Excluding identified items, quarterly net income was $2.242…
• Revenue Performance and MixImportance 47 · Surprise 22
  Third-quarter 2026 operating revenues increased 13.0% to $8.843 billion from $7.823 billion; nine-month revenues rose 7.3% to $24.218 billion from $22.572 billion. Quarterly non-fuel retail electric revenue increased…
• Operating Expense and Margin DriversImportance 41 · Surprise 22
  Third-quarter operating expenses increased $614 million to $5.843 billion, while operating income rose $406 million to $3.000 billion. Fuel and purchased power expense increased $223 million to $1.827 billion, and…
• Segment Revenue PerformanceImportance 35 · Surprise 22
  Georgia Power quarterly operating revenue increased 18.6% to $4.471 billion, while Alabama Power revenue rose 8.2% to $2.509 billion. Southern Power quarterly revenue grew 14.0% to $699 million, and its nine-month…
• Market Demand TrendsImportance 31 · Surprise 32
  Southern Company reported third-quarter total retail electricity sales growth of 7.7% year over year, or 3.5% after weather adjustment. Commercial sales rose 10.1% (7.3% weather-adjusted), while residential sales…

News · 2026-11-05

• Data Center / Load GrowthImportance 71 · Surprise 82
  Southern Company’s third-quarter electricity sales rose 7.3%, supported by warmer weather, customer growth, and strong demand from large commercial and industrial customers across the Southeast. Data center usage…
• Guidance / OutlookImportance 51 · Surprise 60
  Southern Company raised its 2026 adjusted earnings-per-share forecast to $4.70. The company also indicated potential increases to its 2027–2028 guidance ranges. The outlook revision followed reported growth in…
• Quarterly Earnings PerformanceImportance 29 · Surprise 22
  Southern Company reported third-quarter 2026 revenue of $8.84 billion, up 13% from $7.82 billion a year earlier. Third-quarter earnings were $2.0 billion, or $1.77 per share, compared with $1.7 billion, or $1.55 per…

News · 2026-11-04

• Regulatory RiskImportance 40 · Surprise 42
  Democrats secured a majority on the Georgia Public Service Commission, which regulates Georgia Power, a major Southern Company subsidiary. The change in regulatory control followed a campaign in which rate hikes and…
• Guidance / OutlookImportance 32 · Surprise 24
  Southern Company is scheduled to report third-quarter earnings on November 5, 2026. The report says management is targeting the upper end of its full-year earnings range, while investors are watching whether contracted…
• Data Center / Load GrowthImportance 26 · Surprise 24
  Southern Company is approaching its third-quarter earnings report with investor attention on whether growing data center demand will translate into earnings. The report describes the company’s contracted load growth as…

News · 2026-11-03

• Quarterly Dividend DeclarationImportance 13 · Surprise 6
  Southern Company’s quarterly dividend was reported at $0.76 per share. The November 3 earnings preview said the dividend had been declared but did not provide a record date or payment date. The same report said…

News · 2026-11-02

• Data Center / Load GrowthImportance 34 · Surprise 42
  OpenAI’s planned campus in Effingham County, Georgia, could provide up to 1,000 megawatts of flexible demand, equivalent to about 2.6% of Southern Company’s system all-time peak. The flexibility would allow Georgia…
• Quarterly Earnings PerformanceImportance 13 · Surprise 6
  Southern Company reported Q2 adjusted EPS of $1.13, which the report says surpassed the Zacks consensus estimate by $1.01. Sales were $6.98 billion, 5.18% below consensus. Higher customer usage and growth, increased…

News · 2026-11-01

• Quarterly Dividend DeclarationImportance 13 · Surprise 6
  Southern Company affirmed a quarterly dividend of $0.76 per share. The dividend is payable in December 2026. A third-party report stated the same dividend amount in its coverage of Southern's bylaw changes.

News · 2026-10-30

• Data Center / Load GrowthImportance 34 · Surprise 42
  Georgia Power is undertaking a significant expansion of its power grid, primarily to support the growing number of data centers in Georgia. The reported expansion reflects increasing electricity demand from data-center…

News · 2026-10-22

• Data Center / Load GrowthImportance 22 · Surprise 24
  Increasing data-center demand is driving record electricity sales across Southern Company’s southeastern territories. Georgia is identified as a key hub for data-center construction and related load growth. Southern…

News · 2026-10-21

• Grid Modernization and ReliabilityImportance 23 · Surprise 24
  Alabama Power completed restoration after Hurricane Isaias caused widespread damage across its Alabama service territory and left more than 400,000 customers without electricity. The utility restored approximately 95%…
• Quarterly Dividend DeclarationImportance 9 · Surprise 6
  Southern Company declared a quarterly dividend of USD 0.76 per share payable on December 7, 2026. Shareholders of record on November 16, 2026 will receive the payment. The dividend is unchanged from the prior quarter…

News · 2026-10-20

• Quarterly Dividend DeclarationImportance 9 · Surprise 6
  Southern Company declared a regular quarterly dividend of $0.76 per common share on October 20, 2026. The dividend is payable December 7, 2026, to shareholders of record as of November 16, 2026. The company stated that…

News · 2026-10-19

• Data Center / Load GrowthImportance 23 · Surprise 24
  Southern Company is being positioned as a beneficiary of rising electricity demand from data centers and AI-related computing in Georgia. Its regulated utility operations and substantial nuclear fleet, including the…

News · 2026-10-17

• Grid Modernization and ReliabilityImportance 17 · Surprise 24
  Southern Company restored service to approximately 420,000 customers following Hurricane Isaias by October 10, 2026. Restoration efforts involved more than 6,400 personnel deployed from 25 states. About 80,000 outages…

News · 2026-10-16

• Generation Capacity ExpansionImportance 46 · Surprise 42
  Southern Company is associated with a Department of Energy project to build or upgrade 16.7 GW of generation capacity. The reported program could save customers in Georgia and Alabama more than $7 billion. The capacity…
• Advanced Nuclear Reactor DevelopmentImportance 31 · Surprise 42
  The U.S. Department of Energy is funding the accelerated final stage of the Molten Chloride Reactor Experiment (MCRE), involving Southern Company, Idaho National Laboratory, and Core Power. The project is intended to…

News · 2026-10-15

• Nuclear Generation PolicyImportance 34 · Surprise 42
  The U.S. Department of Energy approved cost-shared funding to accelerate the final stage of Southern Company’s Molten Chloride Reactor Experiment. Southern is collaborating with Idaho National Laboratory and CORE POWER…
• Advanced Nuclear Reactor DevelopmentImportance 34 · Surprise 42
  The U.S. Department of Energy approved cost-shared funding to accelerate the final stage of Southern Company’s Molten Chloride Reactor Experiment (MCRE). The project involves Southern Company, Idaho National Laboratory…
• Revenue Performance and MixImportance 30 · Surprise 14
  Southern Company reported Q2 revenue of USD 6.98 billion, below the USD 7.23 billion analyst expectation by approximately USD 250 million, or 3.5%. The revenue miss was cited alongside execution and funding challenges…

News · 2026-10-14

• Renewable Generation TransitionImportance 47 · Surprise 30
  Third-party reporting says Southern Company has more than 17 GW of utility-scale solar capacity under contract and an additional 8 GW in a late-stage pipeline. The reported pipeline indicates continued expansion of…
• Customer Data BreachImportance 34 · Surprise 42
  A data breach affecting Southern Company utility subsidiaries Georgia Power, Alabama Power, and Mississippi Power reportedly exposed customer names, addresses, phone numbers, email addresses, Social Security numbers,…
• Net Income and EPS PerformanceImportance 19 · Surprise 22
  Southern Company reported last-quarter earnings of $1.13 per share versus the Zacks consensus estimate of $1.01. The $0.12 per-share beat represented an 11.88% positive surprise, exceeding the materiality rule for…

News · 2026-10-13

• Quarterly Earnings PerformanceImportance 29 · Surprise 38
  Southern Company reported second-quarter 2026 revenue of approximately $7.0 billion. Net income increased 33.4% year over year in the quarter. The company is scheduled to release third-quarter 2026 results on November…
• Data Center / Load GrowthImportance 9 · Surprise 6
  Southern Company operates regulated electric utilities and natural gas distribution businesses mainly in the southeastern United States. The reporting identifies population growth, industrial expansion, and data-center…

News · 2026-10-12

• Quarterly Earnings PerformanceImportance 33 · Surprise 6
  Southern Company reported Q2 2026 revenue of approximately $7.0 billion. Q2 2026 net income was approximately $1.2 billion. The company is scheduled to release its Q3 2026 results on November 5, 2026.
• Grid Modernization and ReliabilityImportance 31 · Surprise 42
  Southern Company restored power to approximately 420,000 customers in Alabama, Georgia, and Mississippi after Hurricane Isaias, while about 80,000 customers remained without service. The restoration effort deployed…

News · 2026-10-09

• Customer Data BreachImportance 34 · Surprise 42
  A data breach affected approximately 400,000 customers of Southern Company subsidiaries Georgia Power, Alabama Power, and Mississippi Power, with separate reporting citing about 100,000 Alabama Power accounts. Exposed…
• Interest Rate EnvironmentImportance 10 · Surprise 6
  Climbing market yields are cited as a macro factor affecting Southern Company's investment profile and financing environment. The company's regulated utility operations and nuclear generation are described as defensive…