Atmos Energy Q2 Earnings Surpass Estimates, Revenues Rise Y/Y

Atmos Energy ATO posted second-quarter fiscal 2025 earnings of $3.03 per share, which surpassed the Zacks Consensus Estimate of $2.92 by 3.8%. The bottom line also improved 6.3% from the year-ago quarter’s $2.85. (See the Zacks Earnings Calendar to stay ahead of market-making news.)ATO’s RevenuesTotal revenues of $1.95 billion beat the Zacks Consensus Estimate of $1.9 billion by 2.7%. The top line also increased 18.1% from the year-ago quarter’s reported number of $1.65 billion. Atmos Energy Corporation Price, Consensus and EPS Surprise Atmos Energy Corporation price-consensus-eps-surprise-chart | Atmos Energy Corporation QuoteATO’s Segmental RevenuesDistribution: Net income totaled $381 million, highlighting an 11.1% increase from $343 million in the year-ago quarter.Pipeline and Storage: Net income amounted to $105 million, reflecting an 18% increase from $89 million reported in the year-ago quarter.Highlights of ATO’s Q2 ReleaseOperation and maintenance expenses amounted to $233.3 million, up 16.4% from the year-ago quarter’s level.Operating income totaled $628.9 million, up 14.1% from the year-ago quarter’s figure.Atmos Energy incurred interest expenses of $50 million, down 9.1% from the year-earlier quarter’s level.The company reported 189.5 million cubic feet of consolidated distribution throughput for the quarter, up 7.5% from the year-ago quarter’s reported actuals.ATO’s Financial HighlightsAs of March 31, 2024, Atmos Energy reported a strong balance sheet with approximately $5.3 billion in available liquidity.As of March 31, 2025, ATO had cash and cash equivalents of $543.5 million compared with $307.3 million as of Sept. 30, 2024.Net cash flow provided by operating activities in the first six months of fiscal 2025 was $1.2 billion compared with $0.99 billion in the year-ago period.In the first six months of fiscal 2025, the company invested nearly $1.73 billion, with 85% of the amount allocated for improving the safety and reliability of its distribution and transportation systems.ATO’s GuidanceAtmos Energy raised its fiscal 2025 earnings guidance to $7.20-$7.30 per share from $7.05-$7.25. The Zacks Consensus Estimate is pegged at $7.19 per share, lower than the company’s revised guided range.Total net income is expected to be in the range of $1.15-$1.17 billion.ATO also anticipates its fiscal 2025 capital expenditure to be $3.7 billion.ATO’s Zacks RankThe company currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Upcoming ReleasesSpire Inc. SR reported second-quarter fiscal 2025 earnings of $3.60 per share, which lagged the Zacks Consensus Estimate of $3.70 by 2.7%.SR’s long-term (three to five years) earnings growth rate is 6.54%. It delivered an average earnings surprise of 2.5% in the past four quarters.ONE Gas, Inc. OGS reported first-quarter 2025 operating earnings per share of $1.98, which beat the Zacks Consensus Estimate of $1.85 by 7%.OGS’ long-term earnings growth rate is 5.56%. The Zacks Consensus Estimate for 2025 sales is pinned at $2.34 billion.UGI Corporation UGI reported second-quarter fiscal 2025 adjusted operating earnings of $2.21 per share, which surpassed the Zacks Consensus Estimate of $1.80 by 22.8%.UGI’s long-term earnings growth rate is 5.2%. The Zacks Consensus Estimate for fiscal 2025 sales is pinned at $7.79 billion. 7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Atmos Energy Corporation (ATO): Free Stock Analysis Report UGI Corporation (UGI): Free Stock Analysis Report Spire Inc. (SR): Free Stock Analysis Report ONE Gas, Inc. (OGS): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks