Atmos Energy Corporation (ATO) reported a rise in profit for its second quarter compared to the same period last year, surpassing Wall Street predictions.
The corporation's earnings reached $432 million or $2.85 per share, an increase from last year's second quarter earnings of $358 million, or $2.48 per share.
On average, analysts had forecasted the company to earn $2.61 per share, as per data collected by Thomson Reuters. It should be noted that these analyst estimates usually disregard special items.
A snapshot of Atmos Energy Corporation's earnings according to GAAP (Generally Accepted Accounting Principles) indicates:
- Earnings for Q2: $432 million, a rise from last year's $358 million.
- Earnings Per Share for Q2: $2.85, an increase from last year's $2.48.
The corporation's full-year Earnings Per Share guidance falls between $6.70 - $6.80.
