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Southern Company raised its profit forecast for 2026 after strong third-quarter results and more customers needing power.

ResultsRead the original at Benzinga
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Southern Company raised its full-year profit forecast as electricity sales grew, despite a fourth-quarter forecast below analysts’ estimate. The stronger demand and raised yearly forecast point to a better outlook.

SO · Southern Company

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More customers and higher electricity use give Southern more sales to serve, and stronger contributions from Southern Power also helped. Third-quarter results beat estimates, and the full-year profit forecast rose. The fourth-quarter forecast falls short of analysts’ estimate, but the stronger sales and raised full-year forecast point to a better outlook.

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