Summary
Southern Company's first quarter 2009 report indicates a period of mixed financial performance. While the company navigated a challenging economic environment, it demonstrated resilience in its core utility operations. Investors should pay close attention to the company's ability to manage costs and maintain profitability amidst potential headwinds from economic slowdown and regulatory landscapes. The report highlights the performance of its various operating subsidiaries, providing a granular view of regional economic impacts on demand and revenue. The company's discussion of its financial condition and results of operations will be crucial for understanding the drivers of revenue, operating expenses, and net income for the quarter. Key areas to examine include any significant changes in electricity sales volumes, fuel costs, and the impact of regulatory decisions on earnings. Investors should also assess the company's liquidity and capital resources, particularly in light of ongoing capital expenditure programs and debt management strategies, to gauge its financial stability and future growth prospects.
Financial Highlights
23 data points| Revenue | $3.67B |
| Operating Expenses | $3.18B |
| Operating Income | $490.00M |
| Net Income | $141.92M |
| EPS (Basic) | $0.16 |
| EPS (Diluted) | $0.16 |
| Shares Outstanding (Basic) | 779.86M |
| Shares Outstanding (Diluted) | 781.64M |
Key Highlights
- 1The filing covers the unaudited financial statements for the period ending March 30, 2009.
- 2The report includes Management's Discussion and Analysis (MD&A) for the consolidated company and its major subsidiaries (Alabama Power, Georgia Power, Gulf Power, Mississippi Power, Southern Power).
- 3Investors can find detailed financial information in the Condensed Consolidated Statements of Income, Cash Flows, and Balance Sheets.
- 4The report also includes Condensed Statements of Comprehensive Income for both the consolidated entity and subsidiaries.
- 5Quantitative and Qualitative Disclosures about Market Risk are provided, offering insights into the company's exposure to market fluctuations.
- 6Section 4 details Controls and Procedures, which is important for assessing internal financial reporting integrity.
- 7The filing includes information on Legal Proceedings and Risk Factors, which are critical for understanding potential liabilities and business risks.