Atmos Energy Corp expected to post earnings of $2.61 a share - Earnings Preview

Atmos Energy

07/05/2024 03:11

* Atmos Energy Corp  ATO.N   ATO  is expected to show a rise
in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Dallas Texas-based  company is expected to report a
15.1% increase in revenue to $1.773 billion from $1.54 billion a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Atmos Energy Corp is for
earnings of $2.61 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Atmos
Energy Corp
is $121.61​, above​ its last closing price of $119.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023              2.05       2.08      Beat    1.5
 Jan. 1 2023   0.73        0.72       0.80      Beat    11.1
 Jun. 30 2023  1.00        0.99       0.94      Missed  -5.4​
 Mar. 31 2023              2.46       2.48      Beat    0.7
 ​​Jan.        1.94        1.93       1.91      Missed  -0.8
 1 0001                                                 
 Jan. 1 0001   0.44        0.43       0.51      Beat    18.1​
 Jun. 30 2022  0.85        0.85       0.92      Beat    8.8
 Mar. 31 2022  2.31        2.35       2.37      Beat    0.8
 This summary was machine generated May 7 at 02:10 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)