Atmos Energy Q2 Profit Rises - Quick Facts

(RTTNews) - Atmos Energy Corp. (ATO) reported second-quarter consolidated net income of $133.4 million, or $1.38 per share, after including noncash unrealized net gains of $1.0 million, or $0.01 per share. Net income was $116.4 million, or $1.27 per share in the prior-year quarter, after including unrealized net gains of $1.6 million, or $0.02 per share. Fiscal 2014 second-quarter consolidated net income, excluding net unrealized margins, was $132.4 million, or $1.37 per share.

On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $1.25 for the quarter. Analysts' estimates typically exclude special items.

The company's Board has declared a quarterly dividend of 37 cents per share. The indicated annual dividend for fiscal 2014 is $1.48, which represents a 5.7 percent increase over fiscal 2013.

Atmos Energy now expects fiscal 2014 earnings to increase to a new range of $2.80 to $2.90 per share, excluding unrealized margins. Analysts expect the company to report fiscal 2014 profit per share of $2.74.