•
Dec 31, 2022

Atmos Q1 2023 Earnings Report

Atmos Energy reported earnings for the first quarter of fiscal year 2023 and affirmed its fiscal year 2023 guidance.

Key Takeaways

Atmos Energy Corporation reported a strong first quarter for fiscal year 2023, with earnings per diluted share at $1.91 and a consolidated net income of $271.9 million. The company affirmed its fiscal 2023 earnings per share guidance and continues to focus on system safety and reliability investments.

Earnings per diluted share was $1.91 for the three months ended December 31, 2022.

Consolidated net income was $271.9 million for the three months ended December 31, 2022.

Capital expenditures totaled $795.7 million for the three months ended December 31, 2022, with approximately 88 percent related to system safety and reliability investments.

Earnings per diluted share for fiscal 2023 is expected to be in the range of $5.90 to $6.10.

Total Revenue
$1.48B
Previous year: $1.01B
+46.5%
EPS
$1.91
Previous year: $1.86
+2.7%
Capital Expenditures
$796M
Previous year: $684M
+16.3%
Operating Cash Flow
$189M
Previous year: $61.8M
+205.5%
Distribution Meters
3.46M
Previous year: 3.41M
+1.4%
Gross Profit
$561M
Previous year: $483M
+16.2%
Cash and Equivalents
$172M
Previous year: $264M
-35.0%
Total Assets
$23.4B
Previous year: $20.5B
+13.7%

Atmos

Atmos

Atmos Revenue by Segment

Forward Guidance

Earnings per diluted share for fiscal 2023 is expected to be in the range of $5.90 to $6.10. Capital expenditures are expected to approximate $2.7 billion in fiscal 2023.

Revenue & Expenses

Visualization of income flow from segment revenue to net income