The Southern Company (SO)

The Southern Company beat on adjusted EPS but revenue missed consensus in the fiscal second quarter of 2026, reported July 30, as adjusted EPS of $1.13 topped the $1.01 estimate by 11.9% even though revenue of about $7.0 billion came in 3.5% below the $7.2 billion consensus. Revenue was up 0.1% from a year ago, adjusted EPS also rose 24.2% from $0.91, and net income increased 33.4% to about $1.2 billion from $880 million. Gross profit came to about $3.6 billion, leaving gross margin near 51%, while operating income reached about $1.8 billion and operating margin held around 26%. Operating cash flow came to about $3.1 billion, and the company paid about $803 million in dividends. For the next period, consensus calls for EPS of $1.66 on revenue of $8.22 billion.