04.05.2022 22:41:51

Atmos Energy Corporation Bottom Line Advances In Q2, Beats estimates

(RTTNews) - Atmos Energy Corporation (ATO) revealed a profit for its second quarter that increased from last year and beat the Street estimates.

The company's bottom line came in at $325.00 million, or $2.37 per share. This compares with $296.75 million, or $2.30 per share, in last year's second quarter.

Analysts on average had expected the company to earn $2.35 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 25.0% to $1.65 billion from $1.32 billion last year.

Atmos Energy Corporation earnings at a glance (GAAP) :

-Earnings (Q2): $325.00 Mln. vs. $296.75 Mln. last year. -EPS (Q2): $2.37 vs. $2.30 last year. -Analyst Estimate: $2.35 -Revenue (Q2): $1.65 Bln vs. $1.32 Bln last year.

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