KeyCorp lifts 2026 earnings forecast for Southern Company stock

Published on 10/20/2026 at 11:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KeyCorp raised its 2026 forecast from USD 4.58 to USD 4.60 on October 15. Southern Company stock costs EUR 79.87 on October 20, 2026.

Forecast and earnings calendar

KeyCorp lifted its 2026 earnings per share forecast from USD 4.58 to USD 4.60 on October 15, 2026.
Southern Company reported USD 6.98 billion in second-quarter revenue and USD 1.13 adjusted earnings per share on July 29, 2026.
Southern Company stock trades at EUR 79.87 at 11:04 a.m. CEST at Lang & Schwarz on October 20, 2026.

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Southern Company (ISIN US8425871071) was trading at EUR 79.87 at Lang & Schwarz on October 20, 2026 at 11:04 a.m. CEST. On October 15, 2026, KeyCorp raised its 2026 earnings per share forecast from USD 4.58 to USD 4.60, according to TradingPedia. The change leaves the November report as the next major test for the utility's earnings path.

Forecast rises before November report

KeyCorp's revision was modest, but it gives investors a precise earnings marker before Southern Company reports third-quarter results. The forecast moved by USD 0.02, from USD 4.58 to USD 4.60 for fiscal year 2026. TradingPedia said the adjustment followed a period of target cuts by other research firms and came ahead of the scheduled November 5 report.

The counterpoint is revenue. Southern Company delivered USD 6.98 billion of revenue in the second quarter of 2026, below the USD 7.23 billion consensus cited by MarketBeat. Adjusted earnings per share were USD 1.13 against USD 1.01 expected, while revenue increased 0.1 percent year over year in that quarter.

Three dates shape the setup

On July 29, 2026, Southern Company reported second-quarter adjusted earnings per share of USD 1.13 versus USD 1.01 expected, while revenue reached USD 6.98 billion, according to MarketBeat. On October 13, 2026, BofA cut its price target from USD 100.00 to USD 92.00 and JPMorgan lowered its target from USD 101.00 to USD 94.00, as reported by TradingPedia. On October 15, 2026, KeyCorp lifted its fiscal-year earnings forecast to USD 4.60 from USD 4.58.

What does the forecast change?

The USD 0.02 increase is small relative to Southern Company's second-quarter earnings comparison, but it contrasts with the recent target reductions. MarketBeat reported an average analyst target of USD 98.47 and a consensus Hold rating on October 18, 2026. The company is scheduled to report its third-quarter 2026 results on November 5, 2026, before the US market opens, according to TradingPedia.

Southern Company stock stays event driven

Southern Company operates regulated electric and natural-gas businesses and is listed on the New York Stock Exchange under ticker SO. Its market capitalization was USD 103.0 billion and its 52-week range was USD 82.35 to USD 99.11 as of October 18, 2026, according to Aephel. The November results will show whether the higher earnings estimate can offset the recent target reductions.

Southern Company was trading at EUR 79.87 at Lang & Schwarz on October 20, 2026 at 11:04 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Southern Company stock.