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Mar 31, 2021

Atmos Q2 2021 Earnings Report

Atmos Energy reported earnings for the second quarter of fiscal year 2021 and affirmed its fiscal year 2021 guidance.

Key Takeaways

Atmos Energy Corporation reported a strong second quarter for fiscal year 2021, with earnings per diluted share at $2.30 and net income at $296.8 million. The company is affirming its fiscal year 2021 earnings per diluted share guidance of $4.90 to $5.10.

Earnings per diluted share was $2.30 for the second fiscal quarter.

Consolidated net income was $296.8 million for the second fiscal quarter.

Capital expenditures totaled $845.7 million for the six months ended March 31, 2021, with approximately 87 percent of capital spending related to system safety and reliability investments.

Earnings per diluted share for fiscal 2021 is expected to be in the range of $4.90 to $5.10.

Total Revenue
$1.32B
Previous year: $978M
+34.9%
EPS
$2.3
Previous year: $1.95
+17.9%
Distribution Meters
3.38M
Avg Cost of Gas
$4.75
Gross Profit
$589M
Previous year: $660M
-10.7%
Cash and Equivalents
$865M
Previous year: $320M
+170.3%
Total Assets
$19.4B
Previous year: $14.7B
+31.9%

Atmos

Atmos

Atmos Revenue by Segment

Forward Guidance

Atmos Energy expects earnings per diluted share for fiscal 2021 to be in the range of $4.90 to $5.10, and capital expenditures are expected to be in the range of $2.0 billion to $2.2 billion in fiscal 2021.

Revenue & Expenses

Visualization of income flow from segment revenue to net income