Recap: Atmos Energy Q2 Earnings

Atmos Energy ATO reported its Q2 earnings results on Wednesday, May 4, 2022 at 04:00 PM.

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

Atmos Energy beat estimated earnings by 0.85%, reporting an EPS of $2.37 versus an estimate of $2.35.

Revenue was up $331.00 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 2.14% increase in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	1.85	0.34	0.75	2.05
EPS Actual	1.86	0.37	0.78	2.30
Revenue Estimate	1.02B	549.64M	585.51M	1.08B
Revenue Actual	1.01B	568.38M	605.55M	1.32B

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 FY 2022, expecting earnings between $5.5 and $5.6 per share.

To track all earnings releases for Atmos Energy visit their earnings calendar here.

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

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