ATO · Earnings call · 2026Q2T · Full report
Guidance / Outlook
ATMOS ENERGY CORP · 2026-08-05 · Importance 49 · Surprise 50 · In source text
Atmos Energy reaffirmed fiscal 2026 diluted EPS guidance of $8.40 to $8.50. Fiscal 2026 O&M expense, excluding bad debt, is now expected to range from $875 million to $885 million because spending is trending slightly higher. Management expects approximately 6% to 8% EPS growth from the current fiscal 2026 guidance range and plans to refresh its five-year plan in fall 2026, including the assumption of 4% annual O&M growth.
Key facts
- Atmos budgets an amount coming from APT through-system business in line with a benchmark of roughly $107 million when rolling forward its base plan in the fall.
- Fiscal 26 is characterized as a step year of change as a result of the implementation of Rule 7.7.102, and Atmos is anticipating launching a 6% to 8% earnings per share growth off of the current guidance range of $8.40 to $8.50.
- In the five-year guidance, Atmos anticipates a 4% O&M increase per year.
- Reaffirmed fiscal 26 earnings per share guidance in the range of $8.40 to $8.50.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | +6.1% | Atmos budgets an amount coming from APT through-system business in line with a benchmark of roughly $107 million when rolling forward its… |
| net_income | positive | probable | — | Fiscal 26 is characterized as a step year of change as a result of the implementation of Rule 7.7.102, and Atmos is anticipating launching… |
| operating_income | negative | probable | — | In the five-year guidance, Atmos anticipates a 4% O&M increase per year. |
| net_income | unclear | committed | — | Reaffirmed fiscal 26 earnings per share guidance in the range of $8.40 to $8.50. |