Stay Ahead of the Game With Atmos (ATO) Q4 Earnings: Wall Street's Insights on Key Metrics

The upcoming report from Atmos Energy (ATO) is expected to reveal quarterly earnings of $0.96 per share, indicating an increase of 11.6% compared to the year-ago period. Analysts forecast revenues of $888.98 million, representing an increase of 35.1% year over year.Over the last 30 days, there has been an upward revision of 0.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.Given this perspective, it's time to examine the average forecasts of specific Atmos metrics that are routinely monitored and predicted by Wall Street analysts.Analysts expect 'Operating revenues- Pipeline and Storage segment' to come in at $271.34 million. The estimate indicates a change of +7.4% from the prior-year quarter.According to the collective judgment of analysts, 'Operating revenues- Distribution segment' should come in at $630.08 million. The estimate indicates a year-over-year change of +7.3%.Based on the collective assessment of analysts, 'Operating Income- Pipeline and Storage' should arrive at $137.00 million. The estimate is in contrast to the year-ago figure of $120.40 million.The average prediction of analysts places 'Operating Income- Distribution' at $88.74 million. Compared to the current estimate, the company reported $64.60 million in the same quarter of the previous year. View all Key Company Metrics for Atmos here>>> Over the past month, Atmos shares have recorded returns of +2.7% versus the Zacks S&P 500 composite's +2.1% change. Based on its Zacks Rank #2 (Buy), ATO will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .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 ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks