DALLAS (AP) — DALLAS (AP) — Atmos Energy Corp. (ATO) on Wednesday reported fiscal second-quarter profit of $432 million.
On a per-share basis, the Dallas-based company said it had net income of $2.85.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.62 per share.
The natural gas utility posted revenue of $1.65 billion in the period.
Atmos expects full-year earnings to be $6.70 to $6.80 per share.
Atmos shares have risen 4% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $120.59, an increase of slightly more than 2% in the last 12 months.
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