The Southern Company reported in the second quarter of 2023 net earnings per share of $0.76 a decrease by -28.3 % year on year from $1.06 and an improvement compare to net loss per share of $-2.44 realized in previous quarter.
second quarter of 2023
Earnings Per Share
Revenues
$ 0.76
$
5,748 Mill
$-0.30-28.3 %
$-162M-2.74 %
The Southern's Revenue
fell by
-2.74 % in second quarter of 2023 (Jun 30 2023) year on year,
to $5,748 million and
declined by
-51.83 % sequentially.
The Southern's
net income of $823.000 million in the second quarter of 2023 decreased by -25.65 % from net earnings of $1,107.000 million achieved in I. Quarter a year ago.
Sequentially
net earnings fell by -1.44 % from net income of $835.000 million realized in previous quarter.
The Southern Inventories Inventories declined by -66.14 % to $234.00 million from I. Quarter a year ago, sequentially inventories fell by -46.58 %.
In Jun 30 2023 company's net cash and cash equivalents decreased by $-1 million