Atmos Energy to Release Q3 Earnings: Here's What You Need to Know

Atmos Energy Corporation ATO is scheduled to release third-quarter fiscal 2025 results on Aug. 6, after market close. The company delivered an earnings surprise of 3.8% in the last reported quarter. Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Major Factors That Might Have Impacted ATO’s Q3 EarningsAtmos Energy is expected to have continued to benefit from its strategic investments, which are focused on modernizing the transmission and distribution systems. This is likely to have enhanced service reliability and boosted its bottom line in the to-be-reported quarter.The company’s quarterly earnings might have benefited from an expanding customer base. Implementation of new rates in Atmos Energy’s service regions during the fiscal third and previous quarters is expected to have had a positive impact on its bottom-line performance. The quarterly results are also expected to benefit from higher distribution revenues and lower interest expenses. However, an increase in operation and maintenance expenses and higher depreciation & amortization might have negatively impacted its bottom line.Q3 Expectations for ATO StockThe Zacks Consensus Estimate for earnings is pegged at $1.17 per share, indicating a year-over-year increase of 8.3%. The Zacks Consensus Estimate for revenues is pinned at $940.91 million, implying a year-over-year improvement of 34.1%.What the Zacks Model UnveilsOur proven model does not predict an earnings beat for Atmos Energy this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as you will see below.  Atmos Energy Corporation Price and EPS Surprise Atmos Energy Corporation price-eps-surprise | Atmos Energy Corporation QuoteEarnings ESP: The company’s Earnings ESP is 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: Currently, Atmos Energy carries a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here.Stocks to ConsiderInvestors may consider the following players from the same industry, as these have the right combination of elements to post an earnings beat this reporting cycle.New Jersey Resources NJR is likely to come up with an earnings beat when it reports fiscal third-quarter results on Aug. 4. It has an Earnings ESP of +11.77% and a Zacks Rank #3 at present.The Zacks Consensus Estimate for fiscal third-quarter earnings is pinned at a loss of 6 cents per share. The Zacks Consensus Estimate for sales is pinned at $308.41 million, which implies a year-over-year increase of 11.9%. ONE Gas OGS is likely to come up with an earnings beat when it reports second-quarter results on Aug. 5. It has an Earnings ESP of +3.22% and a Zacks Rank #2 at present.OGS’ long-term (three to five years) earnings growth rate is 5.56%. The Zacks Consensus Estimate for earnings is pinned at 53 cents per share, which implies a year-over-year increase of 10.4%. MDU Resources Group MDU is likely to come up with an earnings beat when it reports second-quarter results on Aug. 7. It has an Earnings ESP of +20% and a Zacks Rank #2 at present.MDU’s long-term earnings growth rate is 6.94%. The Zacks Consensus Estimate for second-quarter earnings is pinned at 13 cents per share, which implies a year-over-year decrease of 59.4%.  Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant 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 MDU Resources Group, Inc. (MDU): Free Stock Analysis Report NewJersey Resources Corporation (NJR): 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