Summary
Southern Company (SO) reported its first quarter 2011 financial results, demonstrating continued operational performance within its regulated utility businesses. The company's diverse portfolio, encompassing Alabama Power, Georgia Power, Gulf Power, and Mississippi Power, generally performed as expected, benefiting from a relatively stable demand environment. While the filing doesn't provide specific quarterly earnings figures in the provided excerpt, the emphasis on regulated operations suggests a focus on predictable revenue streams and service reliability for customers. The report also includes discussions on market risk and controls, crucial for understanding the company's operational environment and risk management strategies. Investors should pay close attention to the Management's Discussion and Analysis (MD&A) sections for each subsidiary, as these will offer detailed insights into operational drivers, regulatory conditions, and any potential challenges or opportunities impacting profitability and future growth prospects.
Financial Highlights
41 data points| Revenue | $4.01B |
| Operating Expenses | $3.16B |
| Operating Income | $854.00M |
| Net Income | $438.00M |
| EPS (Basic) | $0.50 |
| EPS (Diluted) | $0.49 |
| Shares Outstanding (Basic) | 848.00M |
| Shares Outstanding (Diluted) | 854.00M |
Key Highlights
- 1The report covers the first quarter ending March 30, 2011, providing an update on Southern Company's financial performance.
- 2Financial statements are presented for the consolidated entity as well as for its major operating subsidiaries: Alabama Power, Georgia Power, Gulf Power, and Mississippi Power.
- 3Management's Discussion and Analysis (MD&A) is provided for both the consolidated company and its subsidiaries, offering insights into operational performance and financial condition.
- 4The filing includes discussions on market risk and controls, indicating a focus on risk management and internal processes.
- 5The structure of the filing suggests a strong emphasis on the regulated utility segments of Southern Company's business.
- 6Key financial statements, including Statements of Income, Cash Flows, and Balance Sheets, are available for investor review across all segments.
- 7The report was filed on May 5, 2011, with data reflecting the operational period ending March 30, 2011.