- Atmos Energy has updated its fiscal year earnings per share (EPS) forecast to a range of $7.05 to $7.25, slightly shifted from a previous range of $7.00 to $7.25.
- Analyst estimates for the EPS were at $7.19.
- First quarter EPS came in at $2.23, higher than last year’s $2.08, and slightly above estimates of $2.21.
- The company’s operating revenue for the first quarter was $1.18 billion, marking a 1.5% increase from the previous year but falling short of the estimated $1.35 billion.
- Distribution revenue reached $1.11 billion, a modest 0.4% increase year-over-year, compared to an estimate of $1.18 billion.
- Revenue from pipeline and storage surged by 21% year-over-year, totaling $255.4 million, surpassing the estimate of $244.1 million.
- Operating income rose by 15% year-over-year to $459.5 million, though it was below the estimated $478.2 million.
- Atmos Energy reaffirms its fiscal 2025 guidance with expected EPS in the same range of $7.05 to $7.25.
- The current analyst consensus includes 8 buy ratings and 6 hold ratings, with no sell ratings.
“`
Atmos Energy on Smartkarma
Smartkarma analysts, such as those from Baptista Research, are closely monitoring Atmos Energy Corporation, focusing on key aspects driving the company’s growth. In the report “Atmos Energy Corporation: Will Its Capital Investments Towards System Modernization Be A Critical Growth Accelerator? – Major Drivers,” Atmos Energy‘s consistent growth trajectory is highlighted, attributed to robust capital investments, enhanced operational strategies, and an expanding customer base. With EPS reaching $6.83 in fiscal 2024, marking significant milestones in EPS and dividend growth, Atmos Energy‘s focus on safe operations and system modernization stands out.
Furthermore, in “Atmos Energy Corporation: A Tale Of Revenue Stability Through Rate Cases and Spread Management! – Major Drivers,” Baptista Research delves into the company’s financial performance, emphasizing fiscal strength driven by regulatory outcomes and steady customer growth. Notable increases in diluted EPS, from $5.33 to $6 in the third quarter of fiscal 2024, showcase Atmos Energy‘s stability. Looking ahead, analysts aim to assess factors influencing the company’s future stock price and perform an independent valuation using the Discounted Cash Flow methodology.
A look at Atmos Energy Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have provided a holistic view of Atmos Energy Corporation’s long-term outlook based on their Smart Scores. With a Growth score of 4 and Momentum score of 4, Atmos Energy demonstrates strong potential for future expansion and a positive market performance. These scores indicate that the company is well-positioned to capitalize on growth opportunities and maintain positive momentum in the market.
In addition, Atmos Energy received a Value score of 3, a Dividend score of 3, and a Resilience score of 3. These scores suggest that the company offers fair value for investors, a stable dividend payout, and a resilient business model. Overall, Atmos Energy‘s Smart Scores paint a favorable picture for the company’s long-term prospects, highlighting its growth potential, market momentum, and overall stability in the natural gas distribution sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
