Southern Co

SO: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$81.00	Jqmlb	Rcqvksxmn

Southern Company Earnings: With Vogtle Complete, Focus Returns to Energy Demand Growth

Travis Miller

May 3, 2024

We are reaffirming our $69 fair value estimate for Southern after the company reported $1.03 per share of operating earnings during the first quarter of 2024, up from $0.79 during the first quarter last year.

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