Atmos Energy (ATO) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $1.43
- Estimate
- $1.35
- Surprise
- +5.6%
- Revenue (period 2026-06-30)
- $879.1M
- Score at report (before → after)
- 5.5 → 5.3/10
Revenue source: xbrl.
How the report landed
Atmos Energy (ATO) beat the $1.35 estimate with diluted EPS of $1.43 — a clear 5.6% upside surprise. TrendMatrix's engine moved from Hold (5.5/10) to Sell at 5.3/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates ATO Hold at 5.4/10.
3 of the last 4 quarters beat the estimate; this quarter's +5.6% surprise compares with a +3.6% four-quarter average. Next scheduled report: 2026-11-04.
What supports the rating
- Sector modifier (Utilities): +1.0
- Strong earnings beat streak (3/4)
What argues against it
- Concentration risk — Geographic: Texas (75.0%)
- Analyst target reached - limited upside remaining
- Negative news sentiment (-1.00)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $163.19
- Price target
- $163.72
- Stop
- $158.53
- Upside to target
- +0.3%
- Reward-to-risk
- 0.1:1
At 19.5× trailing and 18.1× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-09-14 — shown for context, not personalized investment advice.
ATO at TrendMatrix's latest read
Utility earnings are regulatory outcomes on a lag — allowed-return and rate-case posture frame any quarter's print.
- Industry
- Utilities - Regulated Gas
- Market cap
- $27.58B
- P/E (fwd)
- 18.1
- P/E (ttm)
- 19.5
- 52-week range
- $160.10–$192.51
- Off 52-week high
- 15.2%
- RSI (14)
- 42
- Volume vs avg
- 1.07×
- Score today
- 5.4/10