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Mar 31, 2020

Atmos Q2 2020 Earnings Report

Atmos Energy reported earnings for the second fiscal quarter of 2020 and reaffirmed its fiscal 2020 guidance.

Key Takeaways

Atmos Energy Corporation reported consolidated results for its second fiscal quarter ended March 31, 2020. The company reported earnings per diluted share of $1.95 for the second fiscal quarter and consolidated net income of $239.6 million for the same period.

Earnings per diluted share of $1.95 for the second fiscal quarter

Consolidated net income of $239.6 million for the second fiscal quarter

Capital expenditures were $994.7 million for the six months ended March 31, 2020, an increase of 28 percent

Atmos Energy is not changing guidance for fiscal 2020 earnings per diluted share of $4.58 to $4.73.

Total Revenue
$978M
Previous year: $1.1B
-10.7%
EPS
$1.95
Previous year: $1.82
+7.1%
Gross Profit
$660M
Previous year: $623M
+5.9%
Cash and Equivalents
$320M
Previous year: $108M
+195.4%
Total Assets
$14.7B
Previous year: $12.7B
+16.1%

Atmos

Atmos

Atmos Revenue by Segment

Forward Guidance

Atmos Energy reaffirmed its fiscal 2020 guidance, with earnings per diluted share expected to be in the range of $4.58 to $4.73 and capital expenditures expected to be in the range of $1.85 billion to $1.95 billion.

Revenue & Expenses

Visualization of income flow from segment revenue to net income