News & Events:SO

Following the NRC approval, Southern Co.'s subsidiary Georgia Power is not ready to initiate fuel load at Vogtle Unit 3 and subsequently move to commercial operations, according to UBS. The Southern Company Analyst: Ross Fowler upgraded the rating for Southern from Neutral to Buy, while raising the price target from $76 to $87.

UBS upgraded the previous rating for Southern Co from Neutral to Buy. For Essex Property Trust Inc, Raymond James upgraded the previous rating of Market Perform to Outperform. For Autohome Inc, B of A Securities upgraded the previous rating of Underperform to Neutral. For America Movil SAB de CV, Citigroup upgraded the previous rating of Neutral to Buy.

Don't forget to check out our premarket coverage here . Check out this: These Analysts Revise Price Targets On eBay After Q2 Results

The U.S. Nuclear Regulatory Commission on Wednesday said it has authorized Southern Co (SO) to load nuclear fuel and begin operation at its Vogtle plant's Unit 3 in Georgia.

Georgia Power, Southern Nuclear look to next steps, startup process for the new unit ATLANTA, Aug. 3, 2022 /PRNewswire/ -- Georgia Power announced today a historic milestone in the completion of Vogtle Unit 3 near Waynesboro, Ga. – the receipt of the 103 finding from the Nuclear Regulatory Commission. Chris Womack, chairman, president and CEO of Georgia Power.

Construction progress continues with major milestone   ATLANTA, Aug. 3, 2022 Atlanta Gas Light today announced the placement of its second LNG storage facility rooftop August 2 at its liquified natural gas facility in Cherokee County. Weighing 444 tons, or as much as 11 humpback whales, the domed roof is approximately 200 feet in diameter and 36 feet in height.

ATLANTA, Aug. 3, 2022 Southern Company Gas is getting in the trenches alongside the National Excavator Initiative and bringing along one of America's most trusted personalities, executive producer, Emmy-winning host, bestselling author, podcaster and skilled-trades advocate, Mike Rowe.

According to Benzinga Pro, during Q2, Southern earned $1.09 billion, a 9.89% increase from the preceding quarter. Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Keep in mind, while ROCE is a good measure of a company's recent performance, it is not a highly reliable predictor of a company's earnings or sales in the near future.

- U.S. utility Southern Co Chief Executive Tom Fanning is expected to step down by the end of this year and the company has launched a search for his successor, Bloomberg News reported on Friday, citing people familiar with the matter. Fanning is expected to remain with Southern in some capacity after stepping down as CEO, the report said.

U.S. utility Southern Co Chief Executive Tom Fanning is expected to step down by the end of this year and the company has launched a search for his successor, Bloomberg News reported on Friday, citing people familiar with the matter. Fanning is expected to remain with Southern in some capacity after stepping down as CEO, the report said.

* SOUTHERN CEO TOM FANNING IS PREPARING TO ANNOUNCE HIS RETIREMENT - BLOOMBERG NEWS Source text: https://bloom.bg/3OLIzzI Further company coverage.

Georgia Power awaits Nuclear Regulatory Commission 103 finding required to load fuel ATLANTA, July 29, 2022 /PRNewswire/ -- Today, Georgia Power announced completion of another important step in the construction of the new nuclear units at the Vogtle 3 & 4 nuclear expansion site near Waynesboro, Ga. The company shared that Southern Nuclear has submitted documentation that all 398 inspections, t...

U.S. energy company Southern Co (SO) on Thursday boosted the cost estimate a bit for its Georgia Power (GPJA) utility's share of two nuclear reactors under construction at the Vogtle plant in Georgia. The Vogtle reactors, which are already billions of dollars over budget and years behind schedule, are the only nuclear power units under construction in the United States.

  Southern reported its Q2 earnings results on Thursday, July 28, 2022 at 07:30 AM. Here's what investors need to know about the announcement. Southern beat estimated earnings by 28.92%, reporting an EPS of $1.07 versus an estimate of $0.83. Revenue was up $2.01 billion from the same period last year.

Southern Co (SO): * MPANY REPORTS SECOND-QUARTER 2022 EARNINGS. * Q2 EARNINGS PER SHARE $1.04. * Q2 EARNINGS PER SHARE $1.07 EXCLUDING ITEMS. * SECOND-QUARTER 2022 OPERATING REVENUES WERE $7.2 BILLION, COMPARED WITH $5.2 BILLION FOR Q2 OF 2021. * Q2 EARNINGS PER SHARE VIEW $0.84, REVENUE VIEW $5.44 BILLION -- REFINITIV IBES DATA Source text for Eikon: Further company coverage:

ATLANTA , July 28, 2022 Southern Company (SO) today reported second-quarter earnings of $1.1 billion, or $1.04 per share, in 2022 compared with $372 million, or 35 cents per share, in 2021.

Southern Co (SO): * QTRLY EARNINGS PER SHARE $1.03. * QTRLY TOTAL OPERATING REVENUES $7,206 MILLION VERSUS $5,198 MILLION. * Q2 EARNINGS PER SHARE VIEW $0.84, REVENUE VIEW $5.44 BILLION -- REFINITIV IBES DATA Source text: Further company coverage:

  ** ArcelorMittal is estimated to report earnings for its second quarter. ** argenx is likely to report quarterly loss at $4.83 per share on revenue of $37.85 million. ** ASE Technology Holding Co is estimated to report quarterly earnings at $0.20 per share on revenue of $5.08 billion. ** Barclays is estimated to report earnings for its second quarter.

  ** ArcelorMittal is estimated to report earnings for its second quarter. ** argenx is likely to report quarterly loss at $4.83 per share on revenue of $37.85 million. ** ASE Technology Holding Co is estimated to report quarterly earnings at $0.20 per share on revenue of $5.08 billion. ** Barclays is estimated to report earnings for its second quarter.

2022 Integrated Resource Plan focused on transformation of generation fleet and electric grid; transition from coal generation to cleaner, more economical renewable and solar energy resources; investments in reliability and resilience; and diverse, flexible customer programs ATLANTA, July 21, 2022 /PRNewswire/ -- The Georgia Public Service Commission today approved Georgia Power's 2022 Integra...