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.
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.
Visualization of income flow from segment revenue to net income