NYSE$ATO

Atmos Energy Corp · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Atmos Energy reported consolidated results for its third fiscal quarter ended June 30, 2020.

Atmos Energy Corporation reported a net income of $117.8 million, or $0.96 per diluted share, for the third fiscal quarter ended June 30, 2020. Adjusted net income was $96.8 million, or $0.79 per diluted share, excluding a $21.0 million one-time tax benefit.

  • Earnings per diluted share were $0.96 for the third fiscal quarter.
  • Consolidated net income was $117.8 million for the third fiscal quarter.
  • Adjusted diluted earnings per share were $0.79 for the third fiscal quarter, excluding a one-time tax benefit.
  • Consolidated operating income increased $16.8 million to $139.0 million.

Headline financials

Total Revenue

$493M

Previous: $486M+1.5%
EPS (adj)

$0.79

Previous: $0.68+16.2%
Free Cash Flow

$118M

Previous: $80.5M+46.4%
Net Income

$118M

Previous: $80.5M+46.4%
Operating Income

$139M

Previous: $122M+13.8%
Gross Profit

$467M

Previous: $454M+2.8%
Cash & Equivalents

$208M

Previous: $46.2M+350.7%
Total Assets

$14.9B

Previous: $12.9B+15.4%

Revenue & EPS history

Atmos · Revenue · Quarterly

$493M

Q3 2020+1.5%vs Q3 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Atmos · $593M total across 2 segments · Q3 2020

  • Distribution
    $435M
  • Pipeline & Storage
    $158M

Forward guidance

Adjusted earnings per diluted share for fiscal 2020 is expected to be in the previously announced range of $4.58 to $4.73. Capital expenditures are expected to be in the range of $1.85 billion to $1.95 billion in fiscal 2020.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

-0.0%

Avg return

Earnings day

+0.2%

Avg return

5 days after

+0.4%

Avg return

30 days after

54%

37 / 68 earnings

Positive

+6.8%

Q4 2022

Best reaction

-7.0%

Q3 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-0.4%-3.4%-7.7%
Q1 2026+1.8%+1.6%+9.6%
Q4 2025+1.3%+3.5%-0.8%
Q2 2025-1.0%-5.5%-6.4%
Q1 2025+1.9%-0.1%+4.4%
Q4 2024+2.5%+5.9%+2.9%
Q3 2024-0.4%+0.9%+2.6%
Q2 2024-0.5%-3.3%-4.6%
Q1 2024+0.1%+1.2%+3.4%
Q4 2023+1.3%+1.1%+3.3%
Q3 2023-2.2%-2.5%-4.6%
Q2 2023+5.0%+5.0%+2.0%
Q1 2023-1.0%-1.2%-6.0%
Q4 2022+6.8%+5.6%+12.5%
Q3 2022-3.6%-4.6%-4.6%
Q2 2022+2.2%+0.9%+3.1%
Q1 2022+2.7%+0.7%+6.9%
Q4 2021+1.8%+3.3%+2.8%
Q3 2021+1.6%+1.4%-2.2%
Q2 2021-0.2%-0.0%-2.7%
Q1 2021-1.8%+0.5%+0.3%
Q4 2020-3.6%-1.1%-3.3%
Q3 2020-0.1%+1.2%-7.2%
Q2 2020-5.3%-4.9%+2.7%
Q1 2020-0.3%-0.9%-6.4%
Q4 2019+0.2%-0.4%-1.3%
Q3 2019+1.0%+0.5%+0.7%
Q2 2019-2.3%-1.1%+1.1%
Q1 2019-0.6%+1.6%+3.1%
Q4 2018+0.4%+1.3%+3.5%
Q3 2018-0.8%-0.2%+1.8%
Q2 2018+1.4%+2.3%+1.3%
Q1 2018-1.0%+2.3%+0.6%
Q4 2017+1.4%+1.1%+3.6%
Q3 2017+0.0%-0.6%+0.9%
Q2 2017+0.8%+1.5%+5.2%
Q1 2017+0.3%+0.3%+1.3%
Q4 2016-3.7%-3.1%+0.1%
Q3 2016-0.3%-2.0%-6.6%
Q2 2016+1.0%
Q1 2016+1.6%
Q4 2015-1.0%
Q3 2015+0.4%
Q2 2015+1.8%
Q1 2015-1.3%
Q4 2014+1.4%
Q3 2014+0.4%
Q2 2014-1.3%
Q1 2014-0.9%
Q4 2013+1.8%
Q3 2013-0.5%
Q2 2013-0.2%
Q1 2013+0.6%
Q4 2012-3.1%
Q3 2012+1.1%
Q2 2012-0.3%
Q1 2012-0.7%
Q4 2011-4.6%
Q3 2011-7.0%
Q2 2011-0.1%
Q1 2010+0.7%
Q1 2011+0.3%
Q4 2008+0.5%
Q4 2010+0.5%
Q3 2010+0.1%
Q2 2010+0.1%
Q4 2009+0.1%
Q3 2009+0.1%

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