Southern Second Quarter Earnings Preview
Tickers in this Article »
SO
When Southern (NYSE:SO) releases its second quarter earnings on Wednesday, July 25, 2012, analysts are expecting a 4.2% drop in earnings from a year ago. The consensus estimate is 68 cents per share, down from earnings of 71 cents per share a year ago.
Earnings are perhaps the single most studied number in a company's financial statements because they show a company's profitability. SEE: Earnings: Quality Means Everything
What to Expect: While down from 74 cents three months ago, the consensus estimate has remained unchanged over the past 30 days. Analysts are expecting earnings of $2.64 per share for the fiscal year.
Southern is expected to report revenue of $4.77 billion for the quarter, beating last year's figure of $4.52 billion by 5.5%. Revenue for the fiscal year is expected to come in at $18.32 billion.
Company Performance: Over the last four quarters, revenue has dropped by an average 0.7%. The most recent quarter marked the biggest decline of 10.2% from the year-earlier quarter.
One of the most important estimates of stock market valuation is the price/earnings ratio (P/E ratio). From the investor's perspective, a stock with a lower ratio is relatively cheaper than a stock with a higher ratio. SEE: Can Investors Trust the P/E Ratio?
Over the past quarter, the stock price has increased from $45.87 on April 24, 2012 to $47.77. Southern's stock price is currently in the middle of a rising streak. The stock has risen $1.31 per share since June 21, 2012.
Earnings are perhaps the single most studied number in a company's financial statements because they show a company's profitability. SEE: Earnings: Quality Means Everything
What to Expect: While down from 74 cents three months ago, the consensus estimate has remained unchanged over the past 30 days. Analysts are expecting earnings of $2.64 per share for the fiscal year.
Southern is expected to report revenue of $4.77 billion for the quarter, beating last year's figure of $4.52 billion by 5.5%. Revenue for the fiscal year is expected to come in at $18.32 billion.
One of the most important estimates of stock market valuation is the price/earnings ratio (P/E ratio). From the investor's perspective, a stock with a lower ratio is relatively cheaper than a stock with a higher ratio. SEE: Can Investors Trust the P/E Ratio?
Over the past quarter, the stock price has increased from $45.87 on April 24, 2012 to $47.77. Southern's stock price is currently in the middle of a rising streak. The stock has risen $1.31 per share since June 21, 2012.

Free Annual Reports