Atmos Energy Projects 6% to 8% Annual EPS Growth Through 2030

Reuters12-05 05:56
Atmos Energy Projects 6% to 8% Annual EPS Growth Through 2030

Atmos Energy Corporation has provided financial guidance indicating consolidated earnings per share $(EPS)$ growth of 6% to 8%. The company forecasts EPS to be in the range of $8.15 to $8.35 for fiscal year 2025, with an expected increase to between $10.80 and $11.20 by fiscal year 2030. Atmos projects approximately $26 billion in capital investment through 2030, with 85% allocated to safety initiatives. The company's rate base is expected to grow from $18.8 billion in 2024 to $21.4 billion in 2025, reaching approximately $42 billion by 2030. Regular and consistent rate adjustments, along with constructive regulatory mechanisms, are anticipated to support more predictable earnings and cash flow.

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