Southern Company Powering Forward Amid Q1 Revenue Dip: Details
Southern Company Powering Forward Amid Q1 Revenue Dip: Details
Southern Company (NYSE:SO) reported a first-quarter 2024 operating revenue decline of 2.6% year-over-year to $6.646 billion, missing the consensus of $6.558 billion.
南方公司（紐約證券交易所代碼：SO）報告稱，2024年第一季度營業收入同比下降2.6％，至66.46億美元，未達到65.58億美元的共識。
Operating revenues: Alabama Power $1.791 billion (+8.7% Y/Y), Georgia Power $2.398 billion (+10.2% Y/Y), Mississippi Power $342 million (-12.3% Y/Y), Southern Power $473 million (-6.9% Y/Y) and Southern Company Gas $1.707 billion (-9% Y/Y).
營業收入：阿拉巴馬州電力公司17.91億美元（同比增長8.7％），佐治亞電力公司23.98億美元（同比增長10.2％），密西西比電力公司3.42億美元（同比下降12.3％），南方電力公司4.73億美元（同比下降6.9％），南方公司天然氣17.07億美元（同比下降9％）。
"All our businesses experienced a strong start to 2024," said Chairman, President and CEO Christopher C. Womack.
董事長、總裁兼首席執行官克里斯托弗·沃馬克說：“到2024年，我們所有的業務都經歷了良好的開端。”
"This performance was driven by a variety of factors, including investments in our state-regulated utilities, weather that was less mild than the first quarter of last year and higher weather-adjusted sales in our electric utilities' commercial customer class, a fact that speaks to strong local economies and increased usage by many existing data center customers."
“這一業績是由多種因素推動的，包括對受國家監管的公用事業的投資、天氣不如去年第一季度溫和以及我們電力公司商業客戶類別經天氣調整後的銷售額增加，這一事實表明當地經濟強勁，許多現有數據中心客戶的使用量也有所增加。”
Operating expenses decreased 6.1% Y/Y to $4.94 billion in the quarter. Adjusted EPS improved to $1.03, from $0.79 YoY, beating the consensus of $0.90.
本季度運營支出同比下降6.1％，至49.4億美元。調整後的每股收益從同比0.79美元提高至1.03美元，超過市場預期的0.90美元。
Adjusted earnings drivers were higher utility revenues, partially offset by increased interest expense and depreciation and amortization.
調整後的收益驅動因素是公用事業收入的增加，但部分被利息支出、折舊和攤銷的增加所抵消。
Total Regulated Utility Customers increased 0.9% Y/Y, with Total Traditional Electric +1.2% and Southern Company Gas +0.5%. Kilowatt-Hour Sales declined by 0.4% Y/Y, with Retail sales up 1.7% and Wholesale sales down 15.5%.
受監管的公用事業客戶總數同比增長0.9％，傳統電力公司總數增長1.2％，南方公司天然氣公司增長0.5％。千瓦時銷售額同比下降0.4％，零售額增長1.7％，批發銷售下降15.5％。
Operating income rose 40% Y/Y to $1.7 billion, and the margin expanded by 683 bps to 25.6%.
營業收入同比增長40％至17億美元，利潤率增長683個點子至25.6％。
Net cash from operating activities for the quarter totaled $1.31 billion, up from $844 million a year ago.
本季度經營活動產生的淨現金 總計 13.1億美元，高於去年同期的8.44億美元。
Cash, cash equivalents, and restricted cash stood at $832 million.
現金、現金等價物和限制性現金爲8.32億美元。
Price Action: SO shares are trading higher by 1.53% at $75.66 at the last check Thursday.
價格走勢：在週四的最後一次支票中，SO股價上漲1.53％，至75.66美元。
Photo by Fre Sonneveld for Unsplash
由 Fre Sonneveld 爲 Unsplash 拍攝的照片
譯文內容由第三人軟體翻譯。