Examining the Future: Atmos Energy's Earnings Outlook

Atmos Energy (NYSE:ATO) is set to give its latest quarterly earnings report on Wednesday, 2024-11-06. Here's what investors need to know before the announcement.

Analysts estimate that Atmos Energy will report an earnings per share (EPS) of $0.80.

The market awaits Atmos Energy's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Overview of Past Earnings

In the previous earnings release, the company beat EPS by $0.01, leading to a 0.9% drop in the share price the following trading session.

Here's a look at Atmos Energy's past performance and the resulting price change:

Quarter

Q3 2024

Q2 2024

Q1 2024

Q4 2023

EPS Estimate

1.07

2.64

2.05

0.71

EPS Actual

1.08

2.85

2.08

0.80

Price Change %

-1.0%

-1.0%

0.0%

2.0%

Market Performance of Atmos Energy's Stock

Shares of Atmos Energy were trading at $137.67 as of November 04. Over the last 52-week period, shares are up 25.12%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Opinions on Atmos Energy

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Atmos Energy.

A total of 9 analyst ratings have been received for Atmos Energy, with the consensus rating being Outperform. The average one-year price target stands at $146.94, suggesting ...