Atmos Energy (ATO) posted first-quarter fiscal 2024 earnings of $2.08 per share, which missed the Zacks Consensus Estimate of $2.09 by 0.47%. However, the bottom line improved by 8.9% from the year-ago quarter’s $1.91 per share.The year-over-year increase in earnings was due to rate-case outcomes in both the Distribution and Pipeline and Storage segments and customer growth in the Distribution segment. This was partially offset by increased depreciation expenses and higher interest expenses.RevenuesTotal re ...

Atmos Energy (ATO) reported $1.16 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 21.9%. EPS of $2.08 for the same period compares to $1.91 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.71 billion, representing a surprise of -32.39%. The company delivered an EPS surprise of -0.48%, with the consensus EPS estimate being $2.09.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

Atmos Energy (ATO) came out with quarterly earnings of $2.08 per share, missing the Zacks Consensus Estimate of $2.09 per share. This compares to earnings of $1.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.48%. A quarter ago, it was expected that this natural gas utility would post earnings of $0.74 per share when it actually produced earnings of $0.80, delivering a surprise of 8.11%.Over the last four quarters, the c ...

DALLAS--(BUSINESS WIRE)--Atmos Energy Corporation (NYSE: ATO) today reported consolidated results for its first fiscal quarter ended December 31, 2023. This news release should be read in conjunction with our Form 10-Q and earnings slides which are concurrently being posted at www.atmosenergy.com. Fiscal Year to Date Highlights Earnings per diluted share of $2.08 on net income of $311.3 million. Capital expenditures were $769.7 million with approximately 82 percent focused on safety and reliability. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-10042 | --- | --- | |----------------------------------------------------------------------------------------|----------------- ...

In its upcoming report, Atmos Energy (ATO) is predicted by Wall Street analysts to post quarterly earnings of $2.09 per share, reflecting an increase of 9.4% compared to the same period last year. Revenues are forecasted to be $1.71 billion, representing a year-over-year increase of 15.5%.Over the last 30 days, there has been an upward revision of 2.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initia ...

Atmos Energy Corporation (ATO) is scheduled to release first-quarter fiscal 2024 results on Feb 6, after market close. The company delivered an earnings surprise of 8.1% in the last reported quarter.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors to NoteAtmos Energy continues to invest systematically. More than 90% of capital investments start earning returns within six months, which is expected to have boosted its bottom line in the first quarter. The com ...

Wall Street was on a rally in January, with the Dow and the S&P 500 hitting record highs. However, the rally stalled on Jan 31 after the Federal Reserve said that March is too early to start rate cuts.The Federal Reserve’s outlook following the end of its two-day FOMC meeting saw stocks taking a hit, with all three major indexes, the Dow, the S&P 500 and the Nasdaq, ending 0.8%, 1.6% and 2.2% lower, respectively, to record their worst day in 2024.The Federal Reserve kept its benchmark policy rate steady in ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks w ...

Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yie ...