Atmos Energy Raises FY24 EPS Guidance From $6.45-$6.65 To $6.70-$6.80 Vs $6.60 Est.

Author: Benzinga Newsdesk | May 08, 2024 04:56pm

Outlook

• Fiscal 2024 earnings per diluted share guidance raised to the range of $6.70 - $6.80 from $6.45 - $6.65 per diluted share.
• Fiscal 2024 capital expenditure guidance increased to approximately $3.1 billion.
• The company's Board of Directors has declared a quarterly dividend of $0.805 per common share. The indicated annual dividend for fiscal 2024 is $3.22, which represents an 8.8% increase over fiscal 2023.

"Our results for the first half of fiscal 2024 reflect the hard work and dedication of all of our 5,000 employees who provide exceptional customer service while safely and reliably operating our natural gas distribution, transmission, and storage systems," said Kevin Akers, president and chief executive officer of Atmos Energy Corporation. "Their continued focus on our vision to be the safest provider of natural gas services, while pursuing our proven strategy continues to benefit our customers and the communities we are proud to serve," Akers concluded.

Posted In: ATO