The Southern Company: EPS $1.94 vs $1.71 expected; revenue $8.84B vs $8.38B
Key Facts
Q3 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (USD) | 1.94 | 1.71 | +13.5% | 1.60 |
| Revenue (USD bn) | 8.84 | 8.38 | +5.6% | 7.82 |
Recent reports: actual vs estimate
| Reported | Period | EPS (USD) | Estimate | Surprise | Revenue (USD bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Nov 5, 2026 | Q3 FY2026 | 1.94 | 1.710 | +13.5% | 8.84 | 8.38 | +5.6% |
| Jul 30, 2026 | Q2 FY2026 | 1.13 | 1.010 | +11.9% | 6.98 | 7.23 | −3.5% |
| Apr 30, 2026 | Q1 FY2026 | 1.32 | 1.210 | +9.1% | 8.40 | 8.07 | +4.0% |
| Feb 19, 2026 | Q4 FY2025 | 0.55 | 0.558 | −1.4% | 6.98 | 6.10 | +14.5% |
| Oct 30, 2025 | Q3 FY2025 | 1.60 | 1.510 | +6.0% | 7.82 | 7.62 | +2.7% |
| Jul 31, 2025 | Q2 FY2025 | 0.91 | 0.875 | +4.0% | 6.97 | 6.36 | +9.6% |
| May 1, 2025 | Q1 FY2025 | 1.23 | 1.200 | +2.5% | 7.78 | 7.15 | +8.7% |
| Feb 20, 2025 | Q4 FY2024 | 0.50 | 0.506 | −1.2% | 6.34 | 5.90 | +7.4% |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures.
The Southern Company results: EPS $1.94 vs $1.71 expected; revenue $8.84B vs $8.38B. The results cover the company's Q3 FY2026. EPS came in above analysts' estimate by 13.5%; revenue above the estimate by 5.6%.
Revenue was up 13.0% from $7.82 billion a year earlier (Q3 FY2025). EPS was up 21.2% from $1.60 a year earlier. On its record, EPS topped analysts' estimates in 5 of 7 earlier comparable reports.
What the results mean
The Southern Company combines electricity generation, transmission, and distribution with natural gas distribution and related services. This mix provides revenue sources tied to serving residential, commercial, and industrial customers, alongside electricity sales to the wholesale market.
Its electricity business rests on a diverse generation portfolio spanning nuclear power, fossil fuels, renewable energy, and energy storage. Business drivers include operating, managing, and developing these assets, while gas pipelines and storage facilities underpin distribution and related services.
What to watch on the earnings call: Electricity and gas demand across residential, commercial, and industrial customers; operating and maintenance costs for generation assets and networks; spending on energy asset development; the role of renewables and storage in the business mix; and contributions from gas services and wholesale electricity sales.
For the full analysis of The Southern Company stock — valuation, scores and financial statements — see the stock page linked with this story.