The Southern Company (SO) is set to release third-quarter results on Oct. 31. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of $1.34 per share on revenues of $7.2 billion.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Let’s delve into the factors that might have influenced the power supplier’s performance in the September quarter. But it’s worth taking a look at Southern Company’s previous-quarter results first.Highlights of Q2 Earnings & Surprise Hi ...

Project marks first time blockchain technology has been applied to a mass timber projectATLANTA, Oct. 24, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC), today announced it would provide timber for the construction of a Department of Forestry and Environmental Conservation building project at Clemson University. The majority of the wood used for the state-of-the-art building will be longleaf pine harvested from the Brosnan Forest, a 14,400-acre timber and wildlife preserve near Charleston, S. ...

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Several analysts revised the price target on Norfolk Southern Corporation NSC following third quarter results.On Tuesday, Norfolk Southern reported adjusted earnings of $3.25 per share, beating analyst estimates of $3.11 per share.The company said it remains on track to achieve its adjusted operating ratio targets for the second half and full year of 2024.RBC Capital Markets analyst Walter Spracklin raised the price target to $282 from $272 while maintaining the Outperform rating.The analyst writes that the ...

ATLANTA, Oct. 23, 2024 /PRNewswire/ -- Southern Company today announced the retirement of Martin B. Davis as executive vice president and chief information officer, effective April 1, 2025.Southern Company announced the retirement of Martin B. Davis as executive vice president and chief information officer, effective April 1, 2025."Martin has served this company with the utmost distinction," said chairman, president and CEO Chris Womack. "His leadership fostered greater advancement and alignment of the info ...

COLDWATER, Mich., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced third quarter net income of $2,586,000, or $0.57 per share, compared to net income of $2,767,000, or $0.61 per share, for the third quarter of 2023. For the first nine months of 2024, Southern earned $7,751,000 or $1.70 per share, compared with $8,468,000 or $1.86 per share, for the same nine-month period one year ago.   John R. Waldron, President and Chief Executive Officer of Southern Michigan Ba ...

文章核心观点 - 南方公司的最大电力子公司Georgia Power获得了美国能源部160万美元的资金支持,用于提高电网抗灾能力、提升电网灵活性,确保当地社区获得可靠和经济的电力供应 [1][2] - 该资金将用于部署新技术,如动态线路评估和重新导线高压输电线路,以提高现有输电能力 [2] - 这些投资将为公司部署可再生能源创造新机会,并减少停电频率和持续时间 [2] - 公司计划与行业组织和当地利益相关方合作,分享经验并提供新输电导线的安装培训,预计将带来环境、清洁能源和就业等多方面效益 [3] 公司概况 - 南方公司是一家电力公司,负责发电、输电和配电,为约900万客户提供服务 [4] - 公司目前评级为Zacks Rank 3(Hold) [4] 行业竞争对手 - 投资者可关注评级更高的公用事业股票,如DTE Energy、Ameren和American Electric Power [4][5] - DTE Energy预计未来3-5年每股收益增长率为8.10%,高于行业平均水平 [4] - Ameren和American Electric Power 2024年预计收益同比增长分别为5.48%和6.67% [5]

Norfolk Southern Corporation’s (NSC) third-quarter 2024 earnings (excluding $1.6 from non-recurring items) of $3.25 per share beat the Zacks Consensus Estimate of $3.10 and increased 22.6% year over year, owing to lower costs.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Railway operating revenues were $3.05 billion in the quarter under review, lagging the Zacks Consensus Estimate of $3.09 billion. The top line increased 2.7% year over year, with the Merchandise and Intermodal segme ...

Productivity initiatives drive further margin improvementOn track to meet adjusted operating ratio targets for second half and full year 2024ATLANTA, Oct. 22, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Tuesday its third quarter 2024 financial results. For the quarter, income from railway operations was $1.6 billion, the operating ratio was 47.7%, and diluted earnings per share were $4.85. After adjusting the results to exclude the impact of railway line sales, the Eastern Ohio i ...

GREENVILLE, S.C., Oct. 22, 2024 /PRNewswire/ -- Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, today announced its financial results for the three-month period ended September 30, 2024."Our third quarter results continued our positive momentum and outlook this year. Our focus on building a high-quality balance sheet again rewarded us with outstanding asset quality performance, which is among the industry's best. We are well-positioned for increasing profitability in ...