Southern Company Q4 Earnings Forecast
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 18 2026
0mins
Should l Buy SO?
Source: seekingalpha
- Earnings Expectations: Southern Company is projected to report Q4 earnings per share of $0.56, reflecting a 12% year-over-year increase, with revenues expected to reach $6.3 billion, indicating robust growth potential amid rising electricity demand.
- Financing Activities: The company raised $2 billion through an equity units offering to refinance debt and support corporate needs, which not only alleviates short-term obligations but also provides funding for future capital expenditures.
- Subsidiary Developments: Georgia Power is advancing new generation capacity plans and has reached an agreement with the Georgia Public Service Commission to lower residential customer costs, reflecting proactive strategies to address growing electricity demand from large users.
- Analyst Ratings: Despite Southern Company exceeding EPS estimates 88% of the time over the past two years, analysts have rated the stock as Hold, primarily due to valuation misalignment with the stock price, indicating a cautious market outlook on future growth.
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Analyst Views on SO
Wall Street analysts forecast SO stock price to fall
17 Analyst Rating
4 Buy
11 Hold
2 Sell
Hold
Current: 96.940
Low
45.00
Averages
92.34
High
109.00
Current: 96.940
Low
45.00
Averages
92.34
High
109.00
About SO
The Southern Company is an energy provider. The Company owns three traditional electric operating companies, Southern Power Company and Southern Company Gas. The traditional electric operating companies-Alabama Power, Georgia Power and Mississippi Power-are operating public utility companies providing electric service to retail customers in three Southeastern states in addition to wholesale customers in the Southeast. The Southern Power Company develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects, and sells electricity at market-based rates in the wholesale market. The Southern Company Gas is an energy services holding company whose primary business is the distribution of natural gas in four states - Illinois, Georgia, Virginia, and Tennessee, through the natural gas distribution utilities. Southern Company Gas is also involved in several other businesses that are complementary to the distribution of natural gas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Analyst Optimism: The stock was upgraded by both Evercore ISI and KeyBanc, with Evercore analysts suggesting that Southern shares are poised to break out to new highs, supported by a favorable regulatory backdrop and potential upside from its capital plan, indicating strong market confidence in its future performance.
- Stable Earnings Outlook: KeyBanc analysts noted that while the stock is fairly valued, revisions to its Q4 earnings growth outlook and constructive news flow should further support the shares, reflecting market recognition of its profitability.
- Overall Market Performance: Although Southern Company's stock has risen over 10% year-to-date and 4.68% over the past year, it still lags behind broader market performance, indicating relative weakness in the current market environment.
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- Market Sentiment Impact: The combination of the ETF's decline and the weak performance of its components may lead investors to worry about the future prospects of the utility sector, potentially influencing related investment decisions.
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- Renewable Energy Support: The new system is designed to quickly dispatch stored energy during peak demand periods, helping to capture power generated by renewable resources, ensuring electricity supply during high-demand times, and aligning with the 2025 Integrated Resource Plan requirements.
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See More
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- Economic Impact: This project is expected to bring economic benefits to Jefferson County and foster future investments through strong partnerships with the local community, demonstrating the company's commitment to the region.
- Technical Advantage: The new system is designed to quickly dispatch stored energy over a four-hour period, helping to capture power generated by renewable resources during low demand periods for use during peak demand, thereby enhancing supply flexibility and reliability.
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- Technical Analysis Tool: Comparing the current share price to the 200-day moving average can provide investors with valuable insights for technical analysis, helping to assess market trends and potential buy or sell opportunities.
- ETF Trading Mechanism: Exchange-traded funds (ETFs) trade similarly to stocks, where investors are buying and selling “units” that can be created or destroyed based on investor demand, impacting the ETF's liquidity and market performance.
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