Atmos: Fiscal 4Q Earnings Snapshot

November 8, 2018

DALLAS (AP) _ Atmos Energy Corp. (ATO) on Wednesday reported fiscal fourth-quarter profit of $38.7 million.

On a per-share basis, the Dallas-based company said it had profit of 35 cents. Earnings, adjusted for pretax expenses, came to 41 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.

The natural gas utility posted revenue of $444.7 million in the period.

For the year, the company reported profit of $603.1 million, or $5.43 per share. Revenue was reported as $3.12 billion.

Atmos expects full-year earnings to be $4.20 to $4.35 per share.

Atmos shares have climbed 13 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $96.69, an increase of 9 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATO at https://www.zacks.com/ap/ATO

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