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Southern Co. Q4 adjusted earnings Beat Estimates

Southern Co. (SO) released earnings for fourth quarter that fell from the same period last year.

The company's earnings came in at $278 million, or $0.27 per share. This compares with $496 million, or $0.49 per share, in last year's fourth quarter.

Excluding items, Southern Co. reported adjusted earnings of $256 million or $0.25 per share for the period.

Analysts had expected the company to earn $0.23 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 5.2% to $5.34 billion from $5.63 billion last year.

Southern Co. earnings at a glance:

-Earnings (Q4): $256 Mln. vs. $509 Mln. last year.
-EPS (Q4): $0.25 vs. $0.51 last year.
-Analysts Estimate: $0.23
-Revenue (Q4): $5.34 Bln vs. $5.63 Bln last year.

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