Southern Company — Oct 31, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000092122-24-000091
Showing in the filing
Goal of net zero greenhouse gas emissions
“net zero greenhouse gas emissions by 2050”
Period
FY2050
Measure
Company-defined measure
Source
Prose
All guidance in this release · 1
Goal of net zero greenhouse gas emissions for FY2050
“net zero greenhouse gas emissions by 2050”
Exhibit 99.1 · the passage around this item
… earlier in the release
The company has electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company, a leading distributed energy company with national capabilities, a fiber optics network and telecommunications services. Through an industry-leading commitment to innovation, resilience and sustainability, we are taking action to meet customers’ and communities’ needs while advancing our goal of net zero greenhouse gas emissions by 2050. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and are the key to our sustained success. We are transforming energy into economic, environmental and social progress for tomorrow. Our corporate culture and hiring practices have earned the company national awards and recognition from numerous organizations, including Forbes, The Military Times, Fair360, Black Enterprise, J.D. Power, Fortune, Human Rights Campaign and more. To learn more, visit southerncompany.com . ### Page 3 Southern Company Financial Highlights (In Millions Except Earnings Per Share) Three Months Ended September Year-To-Date September Net Income – As Reported 2024 2023 2024 2023 Traditional Electric Operating Companies $ 1,618 $ 1,419 $ 3,630 $ 2,852 Southern Power 82 100 264 288 Southern Company Gas 38 82 555 475 Total 1,738 1,601 4,449 3,615 Parent Company and Other (203) (179) (582) (494) Net Income – As Reported $ 1,535 $ 1,422 $ 3,867 $ 3,121 Basic Earnings Per Share (1) $ 1.40 $ 1.30 $ 3.53 $ 2.86 Average Shares Outstanding 1,097 1,092 1,096 1,092 Non-GAAP Financial Measures Three Months Ended September Year-T
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.