Electric utility firm Southern Co. (NYSE:SO) reported first quarter 2012 earnings per share (EPS) of 42 cents, lagging the Zacks Consensus Estimate of 46 cents and the year-ago period profit of 50 cents. The underperformance reflects the adverse effects of an unusually warm winter.
Quarterly revenue, at $3,604 million, was down 10.2% year over year and also came below the Zacks Consensus Estimate of $4,155 million.
Near-record mild weather across most of the country curbed electricity demand for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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