Businessweek

Southern Company Presents at Citi's Global Energy and Utilities Conference, May-15-2013 01:20 PM. Venue: Hyatt Regency, One Avenue De Lafayette, Boston, Massachusetts, United States.

Southern Company announced consolidated Preliminary earnings results for the first quarter ended March 31, 2013. For the quarter consolidated basis, the company reported operating revenues of $3,897 million against $3,604 million a year ago. Earnings before income taxes were $128 million against $584 million a year ago. Net income available to common shareholders was $81 million or 9 cents a basic share against $368 million or 42 cents a basic share a year ago. Excluding these items, the company earned $430 million or 49 cents a basic share against $368 million or 42 cents per basic share a year ago. Operating income was $325 million against $766 million a year ago. Net income was $97 million against $384 million a year ago.

Southern Company announced a regular quarterly dividend, including an increase of 1.75 cents per share on a quarterly basis of 50.75 cents per share, payable on June 6, 2013, to shareholders of record as of May 6, 2013. The company is increasing its annual dividend by 7 cents per share to a rate of $2.03 per share.

Southern Company announced that they will report Q1, 2013 results at 7:30 AM, Eastern Daylight on Apr 24, 2013

Southern Company, Q1 2013 Earnings Call, Apr 24, 2013