Atmos Energy: Q1 Earnings Insights

Atmos Energy ATO reported its Q1 earnings results on Tuesday, February 8, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Atmos Energy beat estimated earnings by 0.54%, reporting an EPS of $1.86 versus an estimate of $1.85.

Revenue was up $98.52 million from the same period last year.

Last quarter the company beat on EPS by $0.03, which was followed by a 0.74% increase in the share price the next day.

Here's a look at Atmos Energy's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.34	0.75	2.05	1.58
EPS Actual	0.37	0.78	2.30	1.71
Revenue Estimate	549.64M	585.51M	1.08B	985.11M
Revenue Actual	568.38M	605.55M	1.32B	914.48M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Atmos Energy management provided guidance for their next quarter, expecting earnings between $5.4 and $5.6 per share for the next quarter.

This represents a 195.7% in quarter-over-quarter growth for Atmos Energy, a bullish signal to many investors.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar