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Dec 31, 2019

Atmos Q1 2020 Earnings Report

Atmos Energy reported consolidated results for the first quarter ended December 31, 2019.

Key Takeaways

Atmos Energy Corporation reported a positive first quarter with earnings per diluted share of $1.47 and a net income of $178.7 million. The company's capital expenditures increased by 27 percent, with a focus on system safety and reliability investments. They also reaffirmed their fiscal year 2020 guidance.

Earnings per diluted share reached $1.47.

Consolidated net income was reported at $178.7 million.

Capital expenditures increased by 27 percent.

86 percent of capital spending focused on system safety and reliability.

Total Revenue
$876M
Previous year: $878M
-0.3%
EPS
$1.47
Previous year: $1.38
+6.5%
Capital Expenditures
$529M
Previous year: $416M
+27.1%
Operating Cash Flow
$172M
Previous year: $165M
+4.7%
Equity Capitalization Ratio
58.6%
Gross Profit
$579M
Previous year: $536M
+8.0%
Cash and Equivalents
$189M
Previous year: $218M
-13.3%
Total Assets
$14.4B
Previous year: $12.6B
+14.0%

Atmos

Atmos

Atmos Revenue by Segment

Forward Guidance

Atmos Energy expects earnings per share to be in the range of $4.58 to $4.73 per diluted share and capital expenditures to be in the range of $1.85 billion to $1.95 billion for fiscal 2020.

Revenue & Expenses

Visualization of income flow from segment revenue to net income