Southern Co Earnings Report Preview For Wednesday's Release (SO)
Southern Co (NYSE:SO) is expected to report earnings for last fiscal quarter before the opening bell on April 25, 2012.
Who They Are:
The Southern Company operates as an electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources. The company was founded in 1945 and is headquartered in Atlanta, Georgia. Southern Co trades an average of 3.4 million shares per day and has a marketcap of $39.2 Billion.
Book Value: $21.57
Float Short: 1.26%
What To Expect:
Analysts are expecting an improvement of $0.19 in earnings per share compared to last quarter's results of $0.30. Investors will be looking to see a number north of $0.49 per share based on the earnings estimates.
For the last analyst update, a low of $0.44 and a high of $0.60 per share is what Wall Street is anticipating.
Here is a look at the fiscal year revenue for Southern Co.
Recent Stock and Valuation Performance:
The current trailing twelve months P/E ratio is 17.6. The forward P/E ratio is 17.03.
From a month ago, the stock has increased in price 3.88%, and moving in price 18.85% from one year ago.
When comparing to the S&P 500, the year to date difference is -9.68%.
The company has falling revenue year-over-year of $17.66 billion for 2011 vs. $17.46 billion for 2010. The bottom line has rising earnings year-over-year of $2.27 billion for 2011 vs. $2.04 billion for 2010.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $4.23 billion for 2011 vs. $3.80 billion for 2010. Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins in the earnings release to make sure the bottom line is keeping up with the top line.
The short interest is relatively low at 1.26%.
Here are the last few quarters to get an idea how well they perform compared to estimates
Reported earnings per share compared to the mean estimate. Differences are rounded.
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