Shares of Atmos Energy ATO fell 0.49% in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share were up 8.16% over the past year to $0.53, which beat the estimate of $0.51.
Revenue of $474,914,000 higher by 7.04% year over year, which missed the estimate of $603,470,000.
Outlook
Atmos Energy Sees FY20 EPS $4.90-$5.10 Vs $ $5.02 Estimates
Technicals
Company's 52-week high was at $121.08
Company's 52-week low was at $77.92
Price action over last quarter: down 3.78%
Company Description
Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About 70% of its earnings come from Texas, where it distributes natural gas in northern Texas, including Dallas, and has a 5,700-mile intrastate gas transmission pipeline spanning several key shale gas formations and interconnected with five storage facilities.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.