Southern Company Raises 2026 Adjusted EPS Outlook to $4.70

By Public Technologies
  • Southern Company raised its 2026 adjusted EPS outlook to $4.70, above its original $4.50-$4.60 guidance range, implying 9% year-over-year growth.
  • Third-quarter adjusted EPS reached $1.94, beating estimates by $0.29, with weather-normalized electric sales rising 3.5% year over year.
  • Projected adjusted EPS growth is 8%-9% through 2028, with long-term growth of 7%-8%.
  • Identified incremental investments lift planned capital spending through 2030 to approximately $85 billion; additional opportunities could push the five-year plan toward $100 billion.


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