Atmos Energy Corporation (ATO) Releases Earnings Results, Beats Expectations By $0.07 EPS

Atmos Energy Corporation (ATO) reported quarterly earnings results on Wednesday, Aug-3-2016. The company said it had a profit of $0.67 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.07. Analysts had a consensus of $0.60. Analysts expectations of $710.66 million. During the same quarter in the previous year, the company posted $0.54 EPS.

Atmos Energy Corporation closed down -0.2 points or -0.25% at $79.22 with 3,75,349 shares getting traded on Tusday. Post opening the session at $79.15, the shares hit an intraday low of $78.65 and an intraday high of $79.4 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.

In a different news, on May 16, 2016, Marvin L Sweetin (SR VP, Safety & Enterprise Ser) sold 4,000 shares at $74.16 per share price. According to the SEC, on Dec 7, 2015, Christopher T Forsythe (Vice President and Controller) sold 3,000 shares at $62.00 per share price. On Feb 10, 2015, Louis P Gregory (Sr VP, GC & Corp. Secretary) sold 1,000 shares at $54.66 per share price, according to the Form-4 filing with the securities and exchange commission.

Atmos Energy Corporation (Atmos Energy) is engaged primarily in the regulated natural gas distribution and transmission and storage businesses as well as other nonregulated natural gas businesses. The Company delivers natural gas through regulated sales and transportation arrangements to over three million residential commercial public authority and industrial customers in nine states located primarily in the South. The Company also operates intrastate pipelines in Texas based on miles of pipe. The Company operates through the following three segments: The regulated distribution segment which includes regulated distribution and related sales operations; the regulated pipeline segment which includes the pipeline and storage operations of its Atmos Pipeline Texas Division and the nonregulated segment which includes nonregulated natural gas management nonregulated natural gas transmission storage and other services.

Atmos Energy Corporation

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