Investing.com - Southern (NYSE:SO) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Southern announced earnings per share of $1.22 on revenue of $5.62B. Analysts polled by Investing.com anticipated EPS of $1.21 on revenue of $6.36B.
Southern shares are down 8% from the beginning of the year and are trading at $58.36 , down-from-52-week-high.They are under-performing the S&P 500 which is up 1.25% from the start of the year.
Southern follows other major Utilities sector earnings this month
Southern's report follows an earnings matched by American Electric Power on Thursday, October 22, 2020, who reported EPS of $1.47 on revenue of $4.1B, compared to forecasts EPS of $1.47 on revenue of $4.4B.
Enterprise Products Partners LP had beat expectations on Wednesday with third quarter EPS of $0.51 on revenue of $6.92B, compared to forecast for EPS of $0.48 on revenue of $7.12B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar