Atlanta, Georgia-based The Southern Company (SO) engages in the sale of electricity. The company offers electric service to retail customers and wholesale customers, and energy-related products and services to natural gas customers. The company has a market cap of $106.9 billion and develops, constructs, acquires, owns, operates, and manages power generation assets, sells electricity at market-based rates in the wholesale market, and more. The company is expected to release its Q3 2026 earnings on Thursday, November 5, 2026, before the market opens.
Ahead of the event, analysts expect the company’s EPS to be $1.71 on a diluted basis, up 6.9% from $1,60 in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in three of its last four quarters, while missing on one occasion.
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For fiscal 2026, analysts project the company’s EPS to be $4.59, up 6.7% from $4.30 in fiscal 2025. Moreover, its EPS is expected to rise by roughly 7.2% year over year (YoY) to $4.92 in fiscal 2027.
www.barchart.comSO stock has declined 3.4% over the past 52 weeks, lagging behind the S&P 500 Index’s ($SPX) 13.1% rise but surpassing the State Street Utilities Select Sector SPDR ETF’s (XLU) 5.8% fall during the same time frame.
www.barchart.comOn July 30, SO stock declined nearly 1.8% following the release of its mixed Q2 2026 earnings. The company’s revenue for the quarter amounted to nearly $7 billion, falling short of the Street’s forecasts. However, its adjusted EPS came in at $1.13, successfully topping the consensus estimates. Management cited the drivers for its earnings as investment in state-regulated utilities, customer usage and growth, higher earnings from equity method investments, and lower income taxes, while also being partially offset by higher interest expense.
Analysts’ consensus opinion on the stock is neutral, with a “Hold” rating overall. Of the 24 analysts covering the stock, six recommend a “Strong Buy,” one suggests a “Moderate Buy,” 15 recommend a “Hold,” and two recommend a “Strong Sell.” SO’s average analyst price target is $96.86, indicating an upside of 4.3% from the current level.
On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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