NYSE:SOElectric Utilities
Southern (SO) Reports Q2 Revenue Growth to US$6,973M Despite Lower Net Income
Southern (SO) recently reported second-quarter earnings with increased sales and revenue yet saw a decline in net income and EPS, which might have added complexity to their 4% share price increase last quarter. This price move aligns with a broader market trend where major indexes like the S&P 500 continued their upward trajectory, bolstered by investor optimism over strong corporate earnings and economic resilience. Events such as dividend affirmations and executive changes likely provided...