Despite a drop in revenue and a pullback in usage in the residential sector, Southern Co (SO +0.42%) was able to drive 6.8% growth in its bottom line. Assisted a bit by the industrial sector and lower maintenance expenses, Southern Co. avoided a disappointing showing in the face of more moderate temperatures compared to a feverish 2011. The company's CEO believes 2013 should be strong -- the back-half specifically -- for operations and shareholders, as the company continues to focus on its revitalization of nuclear power. What does this mean for peers who are still in the reporting on-deck circle? Motley Fool analyst explains.
Southern Co. boosted earnings despite more modest weather than 2011's heat wave. How?
About the Author
Taylor Muckerman was lead energy & materials analyst for fool.com from 2012-2013. He is now Head of Retention for Motley Fool Canada.
