trending Market Intelligence /marketintelligence/en/news-insights/trending/vqD5UBsk-BmrKexhfjM4sg2 content esgSubNav
In This List

Atmos Energy reports uptick in Q2 adjusted earnings

Blog

Global M&A By the Numbers: Q3 2021

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Blog

Insight Weekly Labor market recovery hurdles power market integration nonbank MA hunt

Blog

Q&A: Q2'21 Power Forecast: Overheated Power Markets are Here – Who Wins, Who Loses, and Why?


Atmos Energy reports uptick in Q2 adjusted earnings

Atmos Energy Corp. on Aug. 2 reported adjusted net income of $70.8 million, or 67 cents per share, in the fiscal third quarter, up from $66.1 million, or 64 cents per share, a year earlier.

The S&P Capital IQ consensus normalized EPS estimate for the fiscal third quarter was 66 cents.

GAAP earnings were also $70.8 million, or 67 cents per share, down from $71.2 million, or 69 cents per share, in the year-ago quarter.

Operating income was $140.7 million, versus $128.4 million a year earlier. Atmos expects full-year adjusted earnings to be $3.55 to $3.63 per share.

"Our regulatory framework is paramount to our success in becoming the nation's safest utility," said Atmos CEO Kim Cocklin. "Timely recovery of our infrastructure investments provides for the efficient conversion of rate base growth to earnings growth."