Southern Company Q4 Revenue Jumps 10.1% to $6.98B, EPS Misses Consensus
Southern Company’s Q4 revenue rose 10.1% Y/Y to $6.98 billion versus a $6.49 billion consensus, while adjusted EPS of $0.55 missed the $0.57 estimate. Segments ranged from Alabama Power (+10.6%) to Southern Company Gas (+20.7%), and full-year 2026 EPS guidance of $4.50–$4.60 came in slightly under the $4.56 consensus.
1. Q4 Financial Results
Southern Company posted Q4 operating revenue of $6.98 billion, up 10.1% year over year, exceeding the $6.49 billion consensus. Operating expenses rose to $6.06 billion from $5.28 billion, and adjusted EPS reached $0.55, trailing the $0.57 estimate.
2. Segment Revenue Growth
Alabama Power revenue climbed 10.6% to $1.937 billion, Georgia Power increased 4.9% to $2.713 billion, Mississippi Power grew 14.2% to $394 million, Southern Power rose 13.2% to $472 million, and Southern Company Gas surged 20.7% to $1.492 billion.
3. Outlook for Fiscal 2026
Management forecast adjusted EPS of $4.50–$4.60 for full-year 2026, slightly below the $4.56 consensus, and expects first-quarter EPS of $1.20 versus a $1.28 Street view.
4. Stock Performance
Shares advanced 3.5% to approximately $94.21 following the report, reflecting investor response to the mix of revenue beats and guidance caution.