The Southern Company (NYSE:SO) Q3 2024 Earnings Conference Call October 31, 2024 1:00 PM ET

Company Participants

Greg MacLeod - Director-Investor Relations
Chris Womack - Chairman, President & Chief Executive Officer
Dan Tucker - Chief Financial Officer

Conference Call Participants

Carly Davenport - Goldman Sachs
Shar Pourreza - Guggenheim Partners
Ross Fowler - Bank of America
Nick Campanella - Barclays
Jeremy Tonet - JPMorgan
Paul Fremont - Ladenburg Thalmann
Durgesh Chopra - Evercore ISI
Travis Miller - Morningstar Inc.
Paul Patterson - Glenrock Associates

Operator

Good afternoon. My name is Julian, and I will be your conference operator for today. At this time, I would like to welcome everyone to Southern Company's Third Quarter 2024 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce Mr. Greg MacLeod. Thank you. You may begin.

Greg MacLeod

Thank you, Julian. Good afternoon and welcome to Southern Company's Third Quarter 2024 Earnings Call. Joining me today are Chris Womack, Chairman, President and Chief Executive Officer of Southern Company; and Dan Tucker, Chief Financial Officer.

Let me remind you that, we will make forward-looking statements today in addition to providing historical information. Various important factors could cause actual results to differ materially from those indicated in the forward-looking statements, including those discussed in our Form 10-K, Form 10-Q and subsequent filings. In addition, we will present non-GAAP financial information on this call. Reconciliations to the applicable GAAP measure are included in the financial information we released this morning, as well as the slides for this conference call, which are both available on our Investor Relations website at investor.southerncompany.com.

I'll now turn the call over to Chris Womack.

Chris Womack

Thank you, Greg. Good afternoon and thank you for joining us today. Our entire company including our premier state-regulated electric gas and utilities, continued to perform well during the third quarter, especially as our dedicated employees across Southern Company came together as one team in response to Hurricane Helene. The resolve and the professionalism of our employees has never been more evident than was demonstrated through the recent storm restoration efforts in Georgia.

Before Dan provides an overview of our financial results, I'd like to share our story from this unprecedented weather event. Hurricane Helene was a storm of historic magnitude. Its aftermath was met with an extraordinary response from our dedicated team across Southern Company, our mutual assistance partners, state and local first responders and emergency management agencies and government officials, all across Georgia. Persistent rain, extreme flooding and heavy winds resulted in what can only be characterized as devastation to many of the communities we serve, with the destruction stretching hundreds of miles impacting the Eastern two-thirds of the entire state. Ultimately, the damage caused by Hurricane Helene was the most destructive in Georgia Power's 140-year history, exceeding the damage caused by the largest -- the three largest storms to impact Georgia Power's service territory combined.