Atmos Energy Corporation Q2 Income Rises, Beats estimates

(RTTNews) - Atmos Energy Corporation (ATO) announced a profit for its second quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line came in at $357.67 million, or $2.48 per share. This compares with $325.00 million, or $2.37 per share, in last year's second quarter.

Analysts on average had expected the company to earn $2.46 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 6.7% to $1.54 billion from $1.65 billion last year.

Atmos Energy Corporation earnings at a glance (GAAP) :

-Earnings (Q2): $357.67 Mln. vs. $325.00 Mln. last year. -EPS (Q2): $2.48 vs. $2.37 last year. -Analyst Estimate: $2.46 -Revenue (Q2): $1.54 Bln vs. $1.65 Bln last year.

-Guidance: Full year EPS guidance: $6.00 to $6.10