Atmos Energy (ATO) Reports In-Line Q2 EPS; Tightens Outlook

Atmos Energy (NYSE: ATO) reported Q2 EPS of $1.40, in-line with the analyst estimate of $1.40.

GUIDANCE:

Atmos Energy sees FY2016 EPS of $3.25-$3.35, versus prior guidance of $3.20-$3.40 and the consensus of $3.27.

“Our performance through the second quarter of fiscal 2016 reflects the impact of investments made to our infrastructure to safely meet the energy needs of our customers,” said Kim Cocklin, chief executive officer of Atmos Energy Corporation. “With the winter heating season essentially behind us, we believe we can achieve earnings in the tightened range of $3.25 to $3.35 per diluted share. Looking forward, we are positioned to continue delivering annual earnings growth in the 6 percent to 8 percent range,” Cocklin concluded.

For earnings history and earnings-related data on Atmos Energy (ATO) click here.

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