Atmos Energy (ATO) is expected to report Q2 earnings of $2.92 per share, up 2.5% YoY, and revenues of $1.88 billion, up 14.4% YoY. Analysts' consensus EPS estimate has been revised 2.1% lower over the last 30 days. Key metrics expected to be reported include operating revenues of $246.48 million for the pipeline and storage segment, $1.65 billion for the distribution segment, $143.58 million for operating income from pipeline and storage, and $469.03 million for operating income from distribution. ATO carries a Zacks Rank #2 (Buy) and has returned 3.2% over the past month.
Atmos Energy Corporation (ATO) is set to release its second-quarter (Q2) fiscal 2025 earnings report on May 7, after market close. Analysts expect the company to report earnings per share (EPS) of $2.92, up 2.5% year-over-year (YoY), and revenues of $1.88 billion, up 14.4% YoY [1]. The consensus EPS estimate has been revised 2.1% lower over the past 30 days, indicating a shift in analyst expectations.
Key metrics expected to be reported include operating revenues of $246.48 million for the pipeline and storage segment, $1.65 billion for the distribution segment, $143.58 million for operating income from pipeline and storage, and $469.03 million for operating income from distribution. ATO carries a Zacks Rank #2 (Buy) and has returned 3.2% over the past month [1].
Atmos Energy is expected to benefit from strategic investments and modernization efforts in its transmission and distribution systems, which could have positively impacted its bottom line. Additionally, an expanding customer base and implementation of new rates in its service regions are likely to have contributed to the company's performance. However, higher operation and maintenance expenses and depreciation & amortization might have negatively impacted its bottom line [1].
The company's stock has been performing well, with prices soaring 33.8% over the past 52 weeks, significantly outperforming the Utility Select Sector SPDR Fund (XLU) and the S&P 500 Index. The consensus view on ATO stock remains moderately optimistic, with a "Moderate Buy" rating overall [2].
Analysts' expectations for ATO's Q2 earnings are based on the company's recent performance and market conditions. Investors will be closely watching the company's earnings report to assess its financial health and future prospects.
References:
[1] https://www.tradingview.com/news/zacks:dce24b0e0094b:0-atmos-energy-to-release-q2-earnings-here-s-what-to-expect/
[2] https://www.nasdaq.com/articles/atmos-energys-quarterly-earnings-preview-what-you-need-know
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