ATLANTA (AP) _ Southern Co. (SO) on Thursday reported second-quarter net income of $616 million.

On a per-share basis, the Atlanta-based company said it had net income of 58 cents. Earnings, adjusted for non-recurring costs and asset impairment costs, came to 78 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share.

The power company posted revenue of $4.62 billion in the period.

Southern Co. shares have decreased 13% since the beginning of the year, while the Standard & Poor's 500 index has climbed roughly 1%. The stock has decreased slightly more than 1% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SO at https://www.zacks.com/ap/SO

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