NYSE$ATO

Atmos Energy Corp · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

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

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.

Headline financials

Total Revenue

$606M

Previous: $493M+22.8%
EPS (adj)

$0.78

Previous: $0.79-1.3%
Free Cash Flow

$102M

Previous: $118M-13.1%
Net Income

$102M

Previous: $118M-13.1%
Operating Income

$133M

Previous: $139M-4.1%
Gross Profit

$519M

Previous: $467M+11.1%
Cash & Equivalents

$525M

Previous: $208M+152.1%
Total Assets

$19.3B

Previous: $14.9B+29.9%

Revenue & EPS history

Atmos · Revenue · Quarterly

$606M

Q3 2021+22.8%vs Q3 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Atmos · $722M total across 2 segments · Q3 2021

  • Distribution
    $559M+28.4%
  • Pipeline & Storage
    $163M+3.2%

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.

Tailwinds

  • 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.

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 2021

Historical avgQ3 2021

-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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro