Atmos Energy Corporation Bottom Line Climbs In Q2, Beats Estimates

Atmos Energy Corporation (ATO) revealed a profit for its second quarter that increased from last year and beat the Street estimates.

The company's earnings totaled $485.58 million, or $3.03 per share. This compares with $432.02 million, or $2.85 per share, last year.

Analysts on average had expected the company to earn $2.88 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 18.4% to $1.950 billion from $1.647 billion last year.

Atmos Energy Corporation earnings at a glance (GAAP) :

-Earnings: $485.58 Mln. vs. $432.02 Mln. last year.
-EPS: $3.03 vs. $2.85 last year.
-Revenue: $1.950 Bln vs. $1.647 Bln last year.

-Guidance:
Full year EPS guidance: $7.20 - $7.30

by RTTNews Staff Writer

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