Summary
Southern Company (SO) reported its third-quarter 2011 results, providing an update on its financial performance and operational conditions. The filing details the financial statements for the parent company and its various utility subsidiaries, including Alabama Power, Georgia Power, Gulf Power, Mississippi Power, and Southern Power. Investors should note the "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections for each entity, as these offer crucial insights into the factors driving revenues, expenses, and profitability. The report covers the period ending September 29, 2011, and includes unaudited financial statements. Key areas of focus for investors typically include revenue trends, operating expenses, net income, cash flow from operations, and the company's overall financial position as presented in the consolidated balance sheets. The "Quantitative and Qualitative Disclosures about Market Risk" section will also be important for understanding potential impacts from interest rate fluctuations, commodity prices, and other market-sensitive factors.
Financial Highlights
42 data points| Revenue | $5.43B |
| Operating Expenses | $3.78B |
| Operating Income | $1.65B |
| Net Income | $933.00M |
| EPS (Basic) | $1.07 |
| EPS (Diluted) | $1.06 |
| Shares Outstanding (Basic) | 860.00M |
| Shares Outstanding (Diluted) | 868.00M |
Key Highlights
- 1The 10-Q filing covers the unaudited financial statements for Southern Company and its major utility subsidiaries for the period ending September 29, 2011.
- 2Key financial statements presented include Condensed Consolidated Statements of Income, Cash Flows, Balance Sheets, and Comprehensive Income.
- 3Management's Discussion and Analysis (MD&A) sections are provided for the parent company and each significant subsidiary, offering detailed operational and financial explanations.
- 4Investors can find information on market risk exposures, including interest rate and commodity price sensitivities, in the Quantitative and Qualitative Disclosures section.
- 5The filing indicates no unregistered sales of equity securities or defaults upon senior securities, suggesting a stable capital structure for the reported period.
- 6Details on legal proceedings are available in Part II, Item 1, which could be relevant for assessing potential liabilities.
- 7The report structure allows for a deep dive into the performance of individual operating companies within the Southern Company system.