Valued at $24.6 billion by market cap, Atmos Energy Corporation (ATO) is one of the largest fully regulated natural gas-only utilities in the U.S., serving over 3.3 million customers across eight states through its distribution and pipeline & storage segments. The Dallas, Texas-based company operates more than 79,000 miles of distribution pipelines and over 5,700 miles of transmission pipelines, along with several underground storage facilities.
ATO is set to deliver its third-quarter results after the markets close on Wednesday, Aug. 6. Ahead of the event, analysts expect the utility giant to report an adjusted EPS of $1.19, up 10.2% from $1.08 reported in the year-ago quarter. Moreover, the company has surpassed the Street’s bottom-line expectations in each of the past four quarters, which is admirab.
