The company said net income for Q1 2024 (3 months) rose to $1,129 million, and basic earnings per share rose to $1.03, from $862 million and $0.79 in the same period a year earlier.

1. 01

   The company said net income for Q1 2024 (3 months) rose to $1,129 million, and basic earnings per share rose to $1.03, from $862 million and $0.79 in the same period a year earlier.

2. 02

   Southern Company reported net income excluding items for Q1 2024 of $1,132 million ($1.03 per share), compared with $867 million ($0.79 per share) in the same period a year earlier. The excluded items were the estimated loss on plants under construction and the prior-year loss on extinguishment of debt.

3. 03

   Southern Company said total operating revenues for Q1 2024 were $6,646 million, up 2.6% from $6,480 million a year earlier, and operating income rose to $1,703 million from $1,218 million.

4. 04

   Southern Company said net income for Q1 2024 was $819 million for the Traditional Electric Operating Companies, $409 million for Southern Company Gas and $96 million for Southern Power. It cited the traditional electric segment as 19 cents of the 24 cents increase in earnings per share.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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