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Jun 30, 2021

Atmos Q3 2021 Earnings Report

Reported earnings for the third fiscal quarter of 2021 and affirmed fiscal 2021 guidance.

Key Takeaways

Atmos Energy Corporation reported consolidated results for its third fiscal quarter ended June 30, 2021. The company's earnings per diluted share for the quarter was $0.78, and consolidated net income was $102.4 million. The company affirms fiscal 2021 guidance with earnings per diluted share expected to be in the higher end of the previously announced range of $4.90 to $5.10.

Earnings per diluted share was $0.78 for the third fiscal quarter.

Consolidated net income was $102.4 million for the third fiscal quarter.

Capital expenditures totaled $1,358.0 million for the nine months ended June 30, 2021.

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

Total Revenue
$606M
Previous year: $493M
+22.8%
EPS
$0.78
Previous year: $0.79
-1.3%
Distribution Meters
3.39M
Previous year: 3.32M
+2.0%
Avg Cost of Gas
$4.89
Previous year: $3.24
+50.9%
Gross Profit
$334M
Previous year: $317M
+5.3%
Cash and Equivalents
$525M
Previous year: $208M
+152.1%
Total Assets
$19.3B
Previous year: $14.9B
+29.9%

Atmos

Atmos

Atmos Revenue by Segment

Forward Guidance

The company expects fiscal 2021 earnings per diluted share to be in the higher end of the previously announced 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.

Positive Outlook

  • Earnings per diluted share for fiscal 2021 is expected to be in the higher end of the previously announced range of $4.90 to $5.10.
  • 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