Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Atmos Energy Corp. (ATO)
NYSE:ATO
Holding ATO?
Track your performance easily
Earnings Data
Report Date
Feb 11, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
$2.2Last Year’s EPS
$2.08Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: 1.17%
|Next Earnings Date:Feb 11, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong year for Atmos Energy, characterized by consistent earnings and dividend growth, significant customer and employment growth in Texas, and substantial capital investments for infrastructure modernization. However, challenges included rising operational costs and market volatility due to negative Waha pricing. Overall, the positive aspects significantly outweigh the negative ones.Company Guidance
During the Atmos Energy Corporation Fiscal 2024 Fourth Quarter Earnings Conference Call, the company provided extensive guidance on various metrics and future expectations. Atmos Energy reported an earnings per share of $6.83, marking a 12% increase over the previous fiscal year and the 22nd consecutive year of earnings per share growth. The fiscal year also saw a significant capital investment of over $2.9 billion, which supported the modernization of their systems by replacing over 850 miles of distribution and transmission pipes, and more than 55,000 service lines. The company added over 59,000 new residential and commercial customers in fiscal 2024, with more than 46,000 of these in Texas, and is projecting a capital spending guidance of approximately $3.7 billion for fiscal 2025. Additionally, Atmos initiated a fiscal 2025 earnings per share guidance range of $7.05 to $7.25, aiming for a 7.4% growth from fiscal 2024, excluding one-time benefits. The company also highlighted a 5-year plan through fiscal 2029, contemplating $24 billion of capital investment to support system modernization and growth, with an anticipated earnings per share in fiscal 2029 ranging from $9.15 to $9.55.Record Earnings and Dividend Growth
Reported earnings per share of $6.83, marking the 22nd consecutive year of earnings per share growth and the 40th consecutive year of dividend growth.
Significant Customer and Employment Growth in Texas
Added over 59,000 new residential and commercial customers, with over 46,000 in Texas. Texas employment reached a new record high with over 14.3 million employees.
Strong Capital Investment and Infrastructure Modernization
Capital investment of over $2.9 billion in fiscal '24 supported modernization through the replacement of 850 miles of distribution and transmission pipe and over 55,000 service lines.
Increased Industrial Customer Base
Added 39 industrial customers in fiscal '24, with an anticipated consumption of approximately 8.4 Bcf of gas annually.
Positive Financial Outlook and Future Growth Plans
Initiated fiscal '25 earnings per share guidance range of $7.05 to $7.25 and a 5-year plan projecting earnings per share growth between 6% to 8% annually.
---
ATO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
ATO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $138.07 | $140.62 | +1.85% |
| Aug 07, 2024 | $126.57 | $125.43 | -0.90% |
| May 08, 2024 | $118.31 | $117.42 | -0.75% |
| Feb 06, 2024 | $108.92 | $109.04 | +0.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Atmos Energy Corp. (ATO) report earnings?
Atmos Energy Corp. (ATO) is schdueled to report earning on Feb 11, 2025, TBA Not Confirmed.
What is Atmos Energy Corp. (ATO) earnings time?
Atmos Energy Corp. (ATO) earnings time is at Feb 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ATO EPS forecast?
ATO EPS forecast for the fiscal quarter 2025 (Q1) is $2.2.
---