Atmos Energy (NYSE:ATO) reported its Q2 earnings results on Wednesday, May 4, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Atmos Energy beat estimated earnings by 0.85%, reporting an EPS of $2.37 versus an estimate of $2.35.
Revenue was up $331.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 2.14% increase in the share price the next day.
Here's a look at Atmos Energy's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.85 | 0.34 | 0.75 | 2.05 |
| EPS Actual | 1.86 | 0.37 | 0.78 | 2.30 |
| Revenue Estimate | 1.02B | 549.64M | 585.51M | 1.08B |
| Revenue Actual | 1.01B | 568.38M | 605.55M | 1.32B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Atmos Energy management provided guidance for FY 2022, expecting earnings between $5.5 and $5.6 per share.
To track all earnings releases for Atmos Energy visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
