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Mar 31, 2023

Atmos Q2 2023 Earnings Report

Reported earnings for the second fiscal quarter of 2023 and tightened fiscal 2023 guidance.

Key Takeaways

Atmos Energy Corporation reported consolidated results for its second fiscal quarter ended March 31, 2023, with earnings per diluted share at $2.48 and consolidated net income at $357.7 million. The company also tightened its fiscal 2023 earnings guidance to $6.00 to $6.10 per diluted share.

Earnings per diluted share was $2.48 for the second fiscal quarter.

Consolidated net income was $357.7 million for the second fiscal quarter.

Fiscal 2023 earnings guidance was tightened to $6.00 to $6.10 per diluted share from $5.90 to $6.10 per diluted share.

Capital expenditures are expected to approximate $2.7 billion in fiscal 2023.

Total Revenue
$1.54B
Previous year: $1.65B
-6.6%
EPS
$2.48
Previous year: $2.37
+4.6%
Gross Profit
$680M
Previous year: $615M
+10.6%
Cash and Equivalents
$95.2M
Previous year: $582M
-83.7%
Total Assets
$21.3B
Previous year: $21.3B
+0.2%

Atmos

Atmos

Atmos Revenue by Segment

Forward Guidance

Fiscal 2023 earnings guidance was tightened to $6.00 to $6.10 per diluted share from $5.90 to $6.10 per diluted share.

Revenue & Expenses

Visualization of income flow from segment revenue to net income