Atmos Energy Corp
ATO: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$421.00 | Ydmyc | Wmvsmjbch |
Atmos Energy Earnings: Strong Customer Growth and Increased Rates Offset Rising Operating Expenses
We are reaffirming our $109 per share fair value estimate for Atmos after it announced third-quarter fiscal-year earnings of $0.94 per share, compared with $0.92 in the same year-ago period. The company reaffirmed its 2023 full-year operating earnings guidance of $6.00 to $6.10 per share, which is consistent with our estimates. Our narrow moat remains unchanged.