By Will Feuer


Southern Co. posted higher revenue for its latest quarter, as the company's results were boosted by the recovery from the pandemic.

The energy company posted a loss of $215 million for the fourth quarter, compared with a profit of $387 million a year earlier. On a per-share basis the loss was 20 cents, compared with earnings of 37 cents a share.

Adjusted for construction costs and other one-time charges, earnings were 36 cents a share, it said. According to FactSet, analysts had been expecting 35 cents a share.

Revenue rose almost 13% to $5.77 billion. Analysts were expecting $4.62 billion.

The increase in revenue was mostly because of higher fuel costs and the negative impacts of the pandemic on energy sales in 2020, the company said.

Full-year earnings were affected by a $1.3 billion after-tax charge related to Georgia Power's construction of Plant Vogtle units 3 and 4, Southern said.


Write to Will Feuer at Will.Feuer@wsj.com


(END) Dow Jones Newswires

02-17-22 0712ET