NYSE$ATO

Atmos Energy Corp · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Atmos Energy reported earnings for the third quarter of fiscal year 2022 and reaffirmed fiscal year 2022 guidance.

Atmos Energy Corporation reported consolidated results for its third fiscal quarter ended June 30, 2022. Earnings per diluted share was $0.92 for the third fiscal quarter and consolidated net income was $128.5 million for the third fiscal quarter.

  • Earnings per diluted share was $0.92 for the third fiscal quarter.
  • Consolidated net income was $128.5 million for the third fiscal quarter.
  • Consolidated operating income increased $21.2 million to $154.6 million.
  • The company's Board of Directors has declared a quarterly dividend of $0.68 per common share.

Headline financials

Total Revenue

$816M

Previous: $606M+34.8%
EPS (adj)

$0.92

Previous: $0.78+17.9%
Free Cash Flow

$129M

Previous: $102M+25.5%
Net Income

$129M

Previous: $102M+25.5%
Operating Income

$155M

Previous: $133M+15.9%
Gross Profit

$567M

Previous: $519M+9.4%
Cash & Equivalents

$328M

Previous: $525M-37.5%
Total Assets

$21.7B

Previous: $19.3B+12.1%

Revenue & EPS history

Atmos · Revenue · Quarterly

$816M

Q3 2022+34.8%vs Q3 2021
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Revenue by segment

Atmos · $957M total across 2 segments · Q3 2022

  • Distribution
    $773M+38.4%
  • Pipeline & Storage
    $183M+12.5%

Forward guidance

Earnings per diluted share for fiscal 2022 is expected to be in the range of $5.50 to $5.60. Capital expenditures are expected to be in the range of $2.4 billion to $2.5 billion in fiscal 2022.

Tailwinds

  • Earnings per diluted share for fiscal 2022 is expected to be in the range of $5.50 to $5.60.
  • Capital expenditures are expected to be in the range of $2.4 billion to $2.5 billion in fiscal 2022.
  • The company's Board of Directors has declared a quarterly dividend of $0.68 per common share.
  • The indicated annual dividend for fiscal 2022 is $2.72, which represents an 8.8% increase over fiscal 2021.
  • Based on our year-to-date performance, we continue to believe fiscal 2022 earnings will be within our earnings guidance range of $5.50 to $5.60 per diluted share.

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 2022

Historical avgQ3 2022

-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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