Atmos Energy (US:ATO) ZACKSยท2025-08-07 13:21Core Insights - Atmos Energy (ATO) reported third-quarter fiscal 2025 earnings of $1.16 per share, slightly missing the Zacks Consensus Estimate of $1.17 by 0.85%, but showing a year-over-year increase of 7.4% from $1.08 [1][8] - Total revenues reached $838.8 million, falling short of the Zacks Consensus Estimate of $938 million by 10.6%, yet reflecting a significant increase of 19.6% from the previous year's $701.5 million [2][8] Revenue Breakdown - Distribution segment net income was $70 million, marking a 6.1% increase from $66 million in the same quarter last year [3] - Pipeline and Storage segment income amounted to $116 million, representing a 16% increase from $100 million reported in the year-ago quarter [3] Operational Highlights - Operation and maintenance expenses were $222.1 million, up 5.1% from the prior year's level [4] - Operating income totaled $252.1 million, reflecting a 14.4% increase from the year-ago figure [4] - Interest expenses incurred were $41.5 million, a slight increase of 0.7% from the previous year [4] - Consolidated distribution throughput for the quarter was 75.4 million cubic feet, up 4% from the year-ago quarter [4] Financial Position - As of June 30, 2025, Atmos Energy reported approximately $5.5 billion in available liquidity [5] - Cash and cash equivalents stood at $709.4 million, a significant increase from $307.3 million as of September 30, 2024 [5] - Net cash flow from operating activities for the first nine months of fiscal 2025 was $1.7 billion, compared to $1.4 billion in the same period last year [5] Capital Expenditure and Guidance - In the first nine months of fiscal 2025, the company invested nearly $2.6 billion, with 86% allocated for enhancing the safety and reliability of its distribution and transportation systems [6] - Atmos Energy raised its fiscal 2025 earnings guidance to a range of $7.35-$7.45 per share, up from the previous guidance of $7.20-$7.30 [7][8] - Total net income is now expected to be between $1.185 billion and $1.205 billion, compared to earlier guidance of $1.15 billion to $1.17 billion [9] - The company anticipates fiscal 2025 capital expenditures to be $3.7 billion [9]