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SOUTHERN COMPANY ANNOUNCES EARNINGS

 ATLANTA, Aug. 26 /PRNewswire/ -- To streamline its process of reporting corporate earnings, The Southern Company (NYSE: SO) announced that it is changing its format for non-quarterly earnings.
 The information now will be released each month in tabular form, as follows.
 The Southern Company will continue to issue regular news releases to report quarterly earnings.
 THE SOUTHERN COMPANY AND SUBSIDIARIES
 CONSOLIDATED CONDENSED INCOME DATA
 (Unaudited)
 Percent
 Seven months ended July 1993 1992 Change
 Operating revenues (in millions) $4,847 $4,679 3.6
 Income before interest
 charges (in millions) $1,096 $1,066 2.8
 Consolidated net income (in millions) $ 594 $ 566 4.9
 Average number of shares of common
 stock outstanding (in millions) 318 316 0.6
 Earnings per share of
 common stock $ 1.87 $ 1.79 4.5
 Kilowatt-Hour sales (millions of KWH):
 Total sales 84,462 80,664 4.7
 Total retail sales: 68,400 65,381 4.6
 Residential 21,135 19,563 8.0
 Commercial 18,792 17,896 5.0
 Industrial 28,001 27,475 1.9
 Percent
 Twelve months ended July 1993 1992 Change
 Operating revenues (in millions) $8,240 $8,100 1.7
 Income before interest
 charges (in millions) $1,822 $1,855 (1.8)
 Consolidated net income (in millions) $ 981 $ 988 (0.7)
 Average number of shares of common
 stock outstanding (in millions) 317 316 0.5
 Earnings per share of
 common stock $ 3.09 $ 3.13 (1.3)
 Kilowatt-Hour sales (millions of KWH):
 Total sales 145,782 141,949 2.7
 Total retail sales: 116,264 112,450 3.4
 Residential 35,199 33,872 3.9
 Commercial 31,921 30,749 3.8
 Industrial 48,342 47,039 2.8
 NOTE: Earnings for the 12 months ended July 1992 were affected by a gain of $114 million or 36 cents per share from the settlement of a contract dispute with Gulf States Utilities Company in November 1991.
 -0- 8/26/93
 /CONTACT: David Mould of The Southern Company, 404-455-1077/
 (SO)


CO: The Southern Company ST: Georgia IN: UTI SU: ERN

RA-BN -- AT005 -- 6091 08/26/93 11:12 EDT
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Publication:PR Newswire
Date:Aug 26, 1993
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