Atmos Energy (ATO) Tops Q1 EPS by 27c

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Atmos Energy Corporation Reports Earnings for Fiscal 2018 First Quarter; Raises Fiscal 2018 Guidance

February 6, 2018 5:02 PM EST

DALLAS--(BUSINESS WIRE)-- Atmos Energy Corporation (NYSE: ATO) today reported consolidated results for its first quarter ended December 31, 2017.

Fiscal 2018 first quarter consolidated net income was $314.1 million, or $2.89 per diluted share, compared with consolidated net income of $125.0 million, or $1.19 per diluted share in the prior-year quarter. Adjusted net income from continuing operations was $152.2 million, or $1.40 per diluted share after excluding a one-time income tax benefit of $161.9 million, or $1.49 per diluted share, related to the Tax Cuts and Jobs Act of 2017 (the TCJA) due to the revaluation of the... More