The utility firm projects $155M-$165M pretax benefit from Texas Rule 7.7102, lifting earnings guidance.
Atmos Energy revised its fiscal 2026 earnings per share guidance to a range of $8.40-$8.50, up from prior estimates. The adjustment reflects a projected $155M-$165M pretax impact from Texas Rule 7.7102, which governs rate adjustments for utility companies.
The company had not previously disclosed a specific range for 2026 EPS. The new guidance aligns with recent regulatory developments in Texas, where rate cases often influence earnings trajectories. Comparable periods saw similar adjustments, though the scale of this revision underscores the rule’s significance.
Shares showed muted reaction in after-hours trading, as investors digested the updated outlook.