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The Southern Company  (SO)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 

SO's Income from Cont. Operations Growth by Quarter and Year

The Southern's Income from Cont. Operations results by quarter and year




SO Income from Cont. Operations (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 1,110.00 1,283.00 1,345.00
III Quarter September - 376.00 621.00 931.00
II Quarter June 823.00 1,107.00 841.00 2,059.00
I Quarter March 835.00 358.00 409.00 269.00
FY   1,658.00 2,951.00 3,154.00 4,604.00



SO Income from Cont. Operations second quarter 2023 Y/Y Growth Comment
The Southern Company reported fall in Income from Cont. Operations in the second quarter 2023 by -25.65% to $ 823.00 millions, from the same quarter in 2022.
The drop in the second quarter 2023 The Southern Company's Income from Cont. Operations compares unfavorably to the Company's average Income from Cont. Operations increase of 15.36%.

Looking into second quarter 2023 results within Electric Utilities industry 22 other companies have achieved higher Income from Cont. Operations growth. While The Southern Company' s Income from Cont. Operations drop of -25.65% ranks overall at the positon no. 913 in the second quarter 2023.




SO Income from Cont. Operations ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - -13.48 % -4.61 % 10.07 %
III Quarter September - -39.45 % -33.3 % -
II Quarter June -25.65 % 31.63 % -59.15 % 119.98 %
I Quarter March 133.24 % -12.47 % 52.04 % -46.2 %
FY   - -6.44 % -31.49 % 81.9 %

Financial Statements
The Southern's second quarter 2023 Income from Cont. Operations $ 823.00 millions SO's Income Statement
The Southern's second quarter 2022 Income from Cont. Operations $ 1,107.00 millions Quarterly SO's Income Statement
New: More SO's historic Income from Cont. Operations Growth >>


SO Income from Cont. Operations (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - 195.21 % 106.6 % 44.47 %
III Quarter September - -66.03 % -26.16 % -54.78 %
II Quarter June -1.44 % 209.22 % 105.62 % 665.43 %
I Quarter March -24.77 % -72.1 % -69.59 % -77.99 %
FY (Year on Year)   - -6.44 % -31.49 % 81.9 %




Income from Cont. Operations second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry #23
Utilities Sector #54
Overall #913

Income from Cont. Operations Y/Y Growth Statistics
High Average Low
287 % 15.36 % -74.83 %
(Sep 30 2018)   (Sep 30 2017)
Income from Cont. Operations second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry #23
Utilities Sector #54
Overall #913
Income from Cont. Operations Y/Y Growth Statistics
High Average Low
287 % 15.36 % -74.83 %
(Sep 30 2018)   (Sep 30 2017)

Income from Cont. Operations by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

The Southern's Q/Q Income from Cont. Operations Growth


Income from Cont. Operations Q/Q Growth Statistics
High Average Low
665.43 % 42.43 % -80.48 %
(Mar 31 2019)  


SO's II. Quarter Q/Q Income from Cont. Operations Comment
In the II. Quarter 2023 The Southern Company reported decrease in Income from Cont. Operations sequentially by -1.44% to $ 823.00 millions, from $ 835.00 millions declared in the previous quarter.

Even periodic influence were not able to recover the II. Quarter for the The Southern Company, Evelina Gustafsson, an industry insider said, she mentioned certan pessimism towards The Southern's perspective and wrote that average sequential Income from Cont. Operations growth is at 42.43% for The Southern.

Within Electric Utilities industry 13 other companies have achieved higher Income from Cont. Operations quarter on quarter growth. While The Southern's Income from Cont. Operations growth quarter on quarter, overall rank is 1220.


Income from Cont. Operations Q/Q Growth Company Ranking
Within: No.
Electric Utilities Industry #14
Utilities Sector #38
Overall #1220
Income from Cont. Operations Q/Q Growth Company Ranking
Within: No.
Electric Utilities Industry #14
Utilities Sector #38
Overall #1220
Income from Cont. Operations Q/Q Growth Statistics
High Average Low
665.43 % 42.43 % -80.48 %
(Mar 31 2019)  


SO's II. Quarter Q/Q Income from Cont. Operations Comment
In the II. Quarter 2023 The Southern Company realized decrease in Income from Cont. Operations from the first quarter by -1.44% to $ 823.00 millions, from $ 835.00 millions declared a quarter before.

Even periodic influence which normally elevate II. Quarter 2023 performance, that clearly has not been sufficient to rescue The Southern's II. Quarter 2023 performance, Evelina Gustafsson, an industry insider pointed out.

Within Electric Utilities industry 13 other companies have achieved higher Income from Cont. Operations quarter on quarter growth. While The Southern's Income from Cont. Operations growth quarter on quarter, overall rank is 1220.


The Southern's 12 Months Income from Cont. Operations Growth Year on Year


Income from Cont. Operations TTM Growth

12 Months Ending
(Jun 30 2023)
12 Months Ending
(Sep 30 2021)
12 Months Ending
(Jun 30 2021)
12 Months Ending
(Mar 31 2021)
12 Months Ending
(Dec 31 2020)
Cumulative Income from Cont. Operations 12 Months Ending $ 3,144.00 $ 2,951.00 $ 3,124.00 $ 3,369.00 $ 3,103.00
Y / Y Income from Cont. Operations Growth (TTM) -6.68 % -6.44 % -2.86 % -4.45 % -34.59 %
Year on Year Income from Cont. Operations Growth Overall Ranking # 1370 # 1278 # 1538 # 1518 # 261
Seqeuential Income from Cont. Operations Change (TTM) -8.28 % -5.54 % -7.27 % 8.57 % -1.62 %
Seq. Income from Cont. Operations Growth (TTM) Overall Ranking # 913 # 928 # 1896 # 500 # 1248




Cumulative Income from Cont. Operations growth Comment
The Southern's cumulative 12 months Income from Cont. Operations continue to decrease, but on the faster rate at -6.68% year on year, at Jun 30 2023 compare to the -6.44% decrease at Sep 30 2021. If the The Southern's fiscal year would end at Jun 30 2023, annual Income from Cont. Operations would be $3,144 millions.

In the Utilities sector 77 other companies have achieved higher trailing twelve month Income from Cont. Operations growth. While Income from Cont. Operations growth total ranking has deteriorated compare to previous quarter from 1278 to 1370.

Income from Cont. Operations TTM Q/Q Growth Statistics
High Average Low
287 %
15.36 %
-74.83 %
 

Income from Cont. Operations TTM Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry # 23
Utilities Sector # 78
Overall # 1370

Income from Cont. Operations TTM Y/Y Growth Statistics
High Average Low
287 %
15.36 %
-74.83 %
 


Income from Cont. Operations TTM Q/Q Growth Company Ranking
Within: No.
Industry # 23
Sector # 54
S&P 500 # 913
Cumulative Income from Cont. Operations growth Comment
The Southern's cumulative 12 months Income from Cont. Operations continue to decrease, but on the faster rate at -6.68% year on year, at Jun 30 2023 compare to the -6.44% decrease at Sep 30 2021. If the The Southern's fiscal year would end at Jun 30 2023, annual Income from Cont. Operations would be $3,144 millions.

In the Utilities sector 77 other companies have achieved higher trailing twelve month Income from Cont. Operations growth. While Income from Cont. Operations growth total ranking has deteriorated compare to previous quarter from 1278 to 1370.

Income from Cont. Operations TTM Q/Q Growth Statistics
High Average Low
287 %
15.36 %
-74.83 %
 


Income from Cont. Operations TTM Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry # 23
Utilities Sector # 78
Overall # 1370

Income from Cont. Operations TTM Y/Y Growth Statistics
High Average Low
287 %
15.36 %
-74.83 %
 


Income from Cont. Operations TTM Q/Q Growth Company Ranking
Within: No.
Industry # 23
Sector # 54
S&P 500 # 913




Other Income from Cont. Operations Growth
Electric Utilities Industry Income from Cont. Operations Growth Trends and Statistics
Utilities Sector Income from Cont. Operations Growth Statistics
Income from Cont. Operations Growth Trends for overall market
SO's Income from Cont. Operations Growth Ratio versus Electric Utilities Industry, Utilities Sector and total Market
Highest Ranking Income from Cont. Operations Growth
Lowest Ranking Income from Cont. Operations Growth
Income from Cont. Operations Growth for SO's Competitors
Income from Cont. Operations Growth for The Southern's Suppliers
Income from Cont. Operations Growth for SO's Customers

You may also want to know
SO's Annual Growth Rates SO's Profitability Ratios SO's Asset Turnover Ratio SO's Dividend Growth
SO's Roe SO's Valuation Ratios SO's Financial Strength Ratios SO's Dividend Payout Ratio
SO's Roa SO's Inventory Turnover Ratio SO's Growth Rates SO's Dividend Comparisons



Companies with similar Income from Cont. Operations decrease for the quarter ending Jun 30 2023 within Utilities SectorY/Y Change %Income from Cont. Operations for the quarter ending Jun 30 2023
American Electric Power Co Inc -0.90%$ -0.902 millions
Otter Tail Corporation-4.62%$ -4.617 millions
Chesapeake Utilities Corporation-5.38%$ -5.384 millions
Ppl Corporation-5.88%$ -5.882 millions
Kinder Morgan Inc -6.58%$ -6.585 millions
Equitrans Midstream Corporation-6.62%$ -6.620 millions
Evergy Inc -7.79%$ -7.794 millions
Consolidated Edison Inc -11.02%$ -11.024 millions
Xcel Energy Inc-12.20%$ -12.195 millions
Unitil Corporation-14.29%$ -14.286 millions
National Fuel Gas Company-14.37%$ -14.366 millions
Duke Energy Corporation-14.66%$ -14.659 millions
Ngl Energy Partners Lp-15.33%$ -15.334 millions
Nisource Inc -17.03%$ -17.025 millions
Western Midstream Partners Lp-17.66%$ -17.659 millions
Genesis Energy Lp-19.91%$ -19.905 millions
Nustar Energy L p -21.67%$ -21.667 millions
Energy Transfer Lp-23.98%$ -23.983 millions
Black Hills Corporation-25.95%$ -25.950 millions
Exelon Corporation-26.24%$ -26.237 millions
Enlink Midstream Llc-27.44%$ -27.441 millions
Northwest Natural Holding Company-29.97%$ -29.974 millions
Pinnacle West Capital Corporation-34.19%$ -34.189 millions
Northwestern Energy Group Inc -35.80%$ -35.795 millions
Centerpoint Energy Inc -37.89%$ -37.895 millions
Portland General Electric Company-39.06%$ -39.063 millions
Nrg Energy inc-39.96%$ -39.961 millions
Targa Resources Corp -43.64%$ -43.645 millions
Kinetik Holdings Inc -45.48%$ -45.478 millions
California Water Service Group-50.84%$ -50.835 millions




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