Earnings Preview For Atmos Energy


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Atmos Energy (NYSE:ATO) announces its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.

Earnings and Revenue

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Wall Street analysts see Atmos Energy reporting earnings of $1.54 on revenue of $1.1 billion.

In the same quarter last year, Atmos Energy reported earnings per share of $1.52 on sales of $988.18 million. If the company were to match the consensus estimate when it reports Wednesday, EPS would be up 1.32 percent. Sales would be have grown 11.32 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q1 2018 Q4 2017 Q3 2017 Q2 2017
EPS Estimate 1.13 0.34 0.66 1.42
EPS Actual 1.4 0.34 0.67 1.52

 

Stock Performance

Over the last 52-week period, shares are up 7.58 percent. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release. Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. Analysts have been rating Atmos Energy stock as Neutral. The strength of this rating has maintained conviction over the past three months.


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