Southern Company on Thursday reported first quarter earnings of $1.3 billion, or $1.21 per share, in 2025 compared with earnings of $1.1 billion, or $1.03 per share, in the first quarter of 2024.
Southern Company has nine million customers across multiple states in the Southeast, including Alabama. Alabama Power is a subsidiary of Southern Company.
Adjusted earnings drivers for the first quarter 2025, as compared with 2024, were higher utility revenues, partially offset by increased non-fuel operations and maintenance expenses and depreciation and amortization.
First-quarter 2025 operating revenues were $7.8 billion, compared with $6.6 billion for the first quarter of 2024, an increase of 17.0%.
"We've had a solid start to the year for Southern Company, and we've demonstrated yet again that our customer-centric business model and focus on providing reliable and affordable energy for our 9 million customers continues to serve our stakeholders well," said Chris Womack, Southern Company chairman, president and CEO. "We are excited about the future of this company and continue to be encouraged by the customer growth and enthusiasm we're seeing for our service territories. We remain focused on our goal of delivering regular, predictable and sustainable results over the long-term."
Southern Company's first quarter earnings slides with supplemental financial information are available at investor.southerncompany.com.
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