Atmos Q4 2024 Earnings Report
Key Takeaways
Atmos Energy Corporation reported its Q4 fiscal 2024 results, with full-year earnings per diluted share of $6.83 on net income of $1 billion. The company also initiated fiscal 2025 earnings per diluted share guidance to be in the range of $7.05 - $7.25.
Atmos Energy reported earnings for the fourth fiscal quarter and year ended September 30, 2024.
Fiscal year earnings per diluted share were $6.83 on net income of $1 billion.
Capital expenditures for the fiscal year were $2.9 billion, with approximately 83% focused on safety and reliability.
The company's Board of Directors declared a quarterly dividend of $0.87 per common share.
Atmos
Atmos
Forward Guidance
Atmos Energy provided fiscal 2025 guidance, expecting earnings per diluted share to be in the range of $7.05 - $7.25 and capital expenditures to be approximately $3.7 billion.
Positive Outlook
- Fiscal 2025 earnings per diluted share guidance expected to be in the range of $7.05 - $7.25 per diluted share.
- Fiscal 2025 capital expenditure guidance expected to be approximately $3.7 billion.
- The company's Board of Directors has declared a quarterly dividend of $0.87 per common share.
- The indicated annual dividend for fiscal 2025 is $3.48, which represents an 8.1% increase over fiscal 2024.
- Atmos Energy is modernizing its business and infrastructure.
Challenges Ahead
- Federal, state, and local regulatory and political trends and decisions.
- Increased federal regulatory oversight and potential penalties.
- Possible increased federal, state, and local regulation of the safety of our operations.
- Possible significant costs and liabilities resulting from pipeline integrity and other similar programs and related repairs.
- The inherent hazards and risks involved in distributing, transporting, and storing natural gas.