Atmos Energy Q3 EPS $0.94 Misses $0.99 Estimate, Sales $662.73M Miss $970.76M Estimate
Portfolio Pulse from Benzinga Newsdesk
Atmos Energy reported Q3 earnings of $0.94 per share, missing the analyst consensus estimate of $0.99 by 5.05%. The company also reported quarterly sales of $662.73 million, missing the analyst consensus estimate of $970.76 million by 31.73%. This represents a 2.17% increase in earnings but an 18.83% decrease in sales compared to the same period last year.
August 04, 2023 | 12:14 pm
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Atmos Energy's Q3 earnings and sales missed analyst estimates, which could negatively impact the company's stock price in the short term.
Atmos Energy's earnings and sales for Q3 have both missed analyst estimates. This underperformance could lead to a decrease in investor confidence, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100