Southern Stock Slips After Revenue Miss Overshadows Earnings Beat
Southern Company (SO) beats Q2 adjusted EPS with $1.13, but revenue misses estimates at $6.98B. Get the full Q2 breakdown here.
Southern Company made more profit per share than expected, but didn't bring in as much total money as people thought it would. When a company makes good profit but sells less than hoped, it tells you to watch whether they can keep selling more products going forward.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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