Southern Company expects Q2 2026 adjusted earnings near the top of its $4.50-$4.60 range after securing a 3.2-gigawatt contract with OpenAI.
Southern Company (SO) projected Q2 2026 adjusted earnings per share near the upper end of its $4.50-$4.60 guidance range. The company cited strong performance across its business segments, exceeding prior quarter estimates.
Management attributed the positive outlook to a recently signed 3.2-gigawatt contract with OpenAI, bolstering revenue expectations. The prior quarter’s adjusted EPS guidance had set a lower baseline for comparison.
No immediate market reaction was disclosed in the earnings call summary.