Atmos Q4 2022 Earnings Report
Key Takeaways
Atmos Energy Corporation reported earnings for the fourth fiscal quarter ended September 30, 2022. The company's earnings per diluted share was $0.51, and consolidated net income was $71.6 million for the quarter.
Earnings per diluted share was $0.51 for the fourth fiscal quarter.
Consolidated net income was $71.6 million for the fourth fiscal quarter.
Consolidated operating income increased $14.4 million to $105.4 million.
The company's Board of Directors has declared a quarterly dividend of $0.74 per common share.
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.
Positive Outlook
- 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.
- The company's Board of Directors has declared a quarterly dividend of $0.74 per common share.
- The indicated annual dividend for fiscal 2023 is $2.96, which represents an 8.8% increase over fiscal 2022.
- The company is executing its proven strategy of operating safely and reliably while modernizing its natural gas distribution, transmission, and storage systems.
Challenges Ahead
- Regulatory trends and decisions
- The company’s ability to continue to access the credit and capital markets
- Possible increased federal, state and local regulation of the safety of our operations
- Increased competition from energy suppliers and alternative forms of energy
- Failure to attract and retain a qualified workforce
Revenue & Expenses
Visualization of income flow from segment revenue to net income