Southern Company updates 2024 financial guidance.

Southern Company (NYSE: SO) has updated its 2024 financial guidance, predicting EPS of 3.950-4.050 for the full year. Q2 2024 guidance is 0.900-0.900 EPS. The company's utilities division reported $1.03 EPS for Q1, surpassing estimates by $0.13. With a market cap of $83.03bn, SO has a PE ratio of 20.90, P/E/G ratio of 4.67, and a beta of 0.48. Southern Company's dividend payout ratio is 79.34%.

May 04, 2024
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