ATLANTA (dpa-AFX) - Southern Co. (SO) reported a profit for its third quarter that Increased from last year and beat the Street estimates.
The company's earnings totaled $1.711 billion, or $1.55 per share. This compares with $1.535 billion, or $1.40 per share, last year.
Excluding items, Southern Co. reported adjusted earnings of $1.766 billion or $1.60 per share for the period.
Analysts on average had expected the company to earn $1.51 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 7.5% to $7.823 billion from $7.274 billion last year.
Southern Co. earnings at a glance (GAAP) :
-Earnings: $1.711 Bln. vs. $1.535 Bln. last year. -EPS: $1.55 vs. $1.40 last year. -Revenue: $7.823 Bln vs. $7.274 Bln last year.
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