Southern Co. Q1 adjusted earnings Beat Estimates

Southern Co. (SO) revealed a profit for first quarter that declined from last year.

The company's bottom line came in at $0.87 billion, or $0.82 per share. This compares with $2.08 billion, or $2.01 per share, in last year's first quarter.

Excluding items, Southern Co. reported adjusted earnings of $825 million or $0.78 per share for the period.

Analysts had expected the company to earn $0.71 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 7.2% to $5.02 billion from $5.41 billion last year.

Southern Co. earnings at a glance:

-Earnings (Q1): $825 Mln. vs. $730 Mln. last year.
-EPS (Q1): $0.78 vs. $0.70 last year.
-Analysts Estimate: $0.71
-Revenue (Q1): $5.02 Bln vs. $5.41 Bln last year.

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