Every material Form 8-K Southern filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Southern Company said Stanley W. Connally, Jr. will become Executive Vice President and Chief Operating Officer effective January 1, 2025. He has held senior operations roles at the company and at Southern Company Services since 2018, and compensation for the new role has not yet been set.
Stanley W. Connally, Jr., 55, will become Executive Vice President and Chief Operating Officer on January 1, 2025.
Connally has been Executive Vice President for Operations of the Company and Chairman, President, and CEO of Southern Company Services since April 2021.
Compensation for the new role has not been decided; material changes will be reported in an 8-K amendment.
Southern Company reported third-quarter 2024 GAAP earnings of $1.5 billion, or $1.40 per share, up from $1.30 a year earlier, on operating revenues of $7.3 billion, up 4.2%. Excluding certain items, earnings were $1.43 per share versus $1.42 in the third quarter of 2023, and nine-month EPS was $3.53 versus $2.86 on a GAAP basis.
Q3 2024 GAAP EPS $1.40 vs. $1.30 in Q3 2023; net income $1.5 billion vs. $1.4 billion
Q3 EPS excluding items $1.43 vs. $1.42 a year earlier
Operating revenues $7.3 billion in Q3, up 4.2%; nine-month revenues $20.4 billion, up 6.1%
Filing cites a $36 million pre-tax impairment at Alabama Power tied to a discontinued commercial facility project
Southern Company reported second-quarter 2024 net income of $1.2 billion, or $1.10 per share, up from $838 million, or 77 cents per share, in the same quarter of 2023. Operating revenues rose 12.4% to $6.5 billion, and higher utility revenues were the main driver of the adjusted gain. The filing does not include updated earnings guidance.
Q2 2024 net income was $1.2 billion ($1.10 per share) versus $838 million (77 cents) in Q2 2023.
Excluding items, Q2 2024 earnings per share were $1.10, compared with 79 cents in Q2 2023.
Q2 2024 operating revenues were $6.5 billion, up from $5.7 billion, an increase of 12.4%.
For the six months ended June 30, 2024, earnings were $2.3 billion ($2.13 per share), compared with $1.7 billion ($1.56 per share).
Stephen E. Kuczynski, Chairman and Chief Executive Officer of Southern Nuclear Operating Company, notified the company on May 7, 2024, that he will retire effective June 28, 2024. He is also a named executive officer of The Southern Company, so the change affects a senior leadership role at the parent's nuclear subsidiary. The filing does not name a successor or describe any financial effect.
Kuczynski notified Southern Nuclear of his retirement on May 7, 2024.
Retirement is effective June 28, 2024.
Kuczynski is Chairman and CEO of Southern Nuclear and a named executive officer of The Southern Company.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Southern filing is on SEC EDGAR ↗. 8-K briefs of other companies →