Southern Co. Posts 1Q Results; Will Stick With New Vogtle Units Even Without Loan Guarantees

Southern Co. Posts 1Q Results; Will Stick With New Vogtle Units Even Without Loan Guarantees

by Nuclear Street News

Southern Company today reported first quarter 2012 earnings of $368 million - or 42 cents a share - compared with earnings of $422 million - or 50 cents a share - in the first quarter of 2011, according to a release that cited the mild winter as one reason for the decline.