Subtext

Atmos Energy Corporation ATO

SectorUtilities
Transcripts62
Date range2008-02-06 – 2025-05-08
Calls charted62

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-21-11+0+11+212008 Q12012 Q12014 Q12016 Q12018 Q12020 Q12022 Q12024 Q12008 Q1 · Overall: +1.02008 Q2 · Overall: +4.62008 Q3 · Overall: -0.42008 Q4 · Overall: -0.92009 Q1 · Overall: +6.82009 Q4 · Overall: +4.32010 Q1 · Overall: +1.82011 Q3 · Overall: -0.32012 Q1 · Overall: +4.92012 Q2 · Overall: +2.32012 Q3 · Overall: +2.72012 Q4 · Overall: +11.82013 Q1 · Overall: +5.32013 Q2 · Overall: +7.72013 Q3 · Overall: +9.42013 Q4 · Overall: +5.22014 Q1 · Overall: +8.32014 Q2 · Overall: +7.52014 Q3 · Overall: +9.42014 Q4 · Overall: +7.62015 Q1 · Overall: +4.72015 Q2 · Overall: +4.02015 Q3 · Overall: +2.02015 Q4 · Overall: +11.72016 Q1 · Overall: +10.72016 Q2 · Overall: +3.72016 Q3 · Overall: +7.72016 Q4 · Overall: +7.52017 Q1 · Overall: +7.32017 Q2 · Overall: +1.92017 Q3 · Overall: +12.32017 Q4 · Overall: +13.82018 Q1 · Overall: +13.92018 Q2 · Overall: +3.32018 Q3 · Overall: +9.92018 Q4 · Overall: +8.92019 Q1 · Overall: +8.92019 Q2 · Overall: +0.22019 Q3 · Overall: +13.72019 Q4 · Overall: +18.42020 Q1 · Overall: +9.72020 Q2 · Overall: -4.92020 Q3 · Overall: +2.22020 Q4 · Overall: +1.32021 Q1 · Overall: +2.52021 Q2 · Overall: +9.42021 Q3 · Overall: +4.22021 Q4 · Overall: +7.22022 Q1 · Overall: +5.82022 Q2 · Overall: +3.82022 Q3 · Overall: +10.42022 Q4 · Overall: +6.42023 Q1 · Overall: +4.72023 Q2 · Overall: +8.62023 Q3 · Overall: +8.12023 Q4 · Overall: +9.32024 Q1 · Overall: +3.22024 Q2 · Overall: -5.52024 Q3 · Overall: +8.12024 Q4 · Overall: +5.72025 Q1 · Overall: +6.82025 Q2 · Overall: +4.6
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-36-18+0+18+362008 Q12012 Q12014 Q12016 Q12018 Q12020 Q12022 Q12024 Q12008 Q4 · CEO: +1.72009 Q1 · CEO: +14.62009 Q4 · CEO: +9.52010 Q1 · CEO: +9.32011 Q3 · CEO: +4.52012 Q1 · CEO: +11.22012 Q3 · CEO: +13.12012 Q4 · CEO: +21.02013 Q1 · CEO: +5.62013 Q2 · CEO: +14.72013 Q3 · CEO: +13.82013 Q4 · CEO: +9.12014 Q1 · CEO: +18.32014 Q2 · CEO: +18.72014 Q3 · CEO: +26.62014 Q4 · CEO: +16.02015 Q1 · CEO: +11.82015 Q2 · CEO: +8.72015 Q3 · CEO: +12.02015 Q4 · CEO: +15.32016 Q1 · CEO: +17.72016 Q2 · CEO: +4.72016 Q3 · CEO: +20.02016 Q4 · CEO: +11.82017 Q1 · CEO: +11.42017 Q2 · CEO: +15.42017 Q3 · CEO: +15.62017 Q4 · CEO: +24.22018 Q1 · CEO: +17.82018 Q2 · CEO: +2.52018 Q3 · CEO: +16.12018 Q4 · CEO: +13.32019 Q2 · CEO: +0.72019 Q3 · CEO: +30.92020 Q3 · CEO: +6.52020 Q4 · CEO: +1.72021 Q1 · CEO: +6.72021 Q2 · CEO: +13.02021 Q3 · CEO: +9.62021 Q4 · CEO: +9.02022 Q1 · CEO: +11.92022 Q2 · CEO: +10.22022 Q3 · CEO: +17.02022 Q4 · CEO: +9.12023 Q1 · CEO: +14.02023 Q2 · CEO: +13.92023 Q3 · CEO: +10.12023 Q4 · CEO: +16.42024 Q1 · CEO: +7.42024 Q2 · CEO: +0.02024 Q3 · CEO: +12.12024 Q4 · CEO: +12.32025 Q1 · CEO: +14.02025 Q2 · CEO: +9.32008 Q1 · CFO: +0.02009 Q1 · CFO: +5.52009 Q4 · CFO: +8.02010 Q1 · CFO: +2.42011 Q3 · CFO: -5.02012 Q1 · CFO: +4.72012 Q3 · CFO: -0.62012 Q4 · CFO: +0.02013 Q1 · CFO: +9.62013 Q2 · CFO: +4.62013 Q3 · CFO: +11.92013 Q4 · CFO: +5.82014 Q1 · CFO: +1.82014 Q2 · CFO: +3.02014 Q3 · CFO: +1.32014 Q4 · CFO: +4.22015 Q1 · CFO: +4.42015 Q2 · CFO: +4.12015 Q3 · CFO: +5.62015 Q4 · CFO: +11.02016 Q1 · CFO: +12.82016 Q2 · CFO: +5.82016 Q3 · CFO: +1.52016 Q4 · CFO: +8.82017 Q1 · CFO: +9.72017 Q2 · CFO: +4.52017 Q3 · CFO: +14.72017 Q4 · CFO: +9.22018 Q1 · CFO: +15.02018 Q2 · CFO: +8.32018 Q3 · CFO: +8.52018 Q4 · CFO: +6.62019 Q1 · CFO: +9.72019 Q2 · CFO: +5.22019 Q3 · CFO: +8.92019 Q4 · CFO: +14.22020 Q1 · CFO: +12.72020 Q3 · CFO: +5.02020 Q4 · CFO: +8.42021 Q1 · CFO: +4.82021 Q2 · CFO: +8.02021 Q3 · CFO: +4.32021 Q4 · CFO: +9.42022 Q1 · CFO: +7.12022 Q2 · CFO: +5.42022 Q3 · CFO: +7.02022 Q4 · CFO: +8.32023 Q1 · CFO: +6.62023 Q2 · CFO: +6.12023 Q3 · CFO: +9.22023 Q4 · CFO: +8.62024 Q1 · CFO: +4.22024 Q2 · CFO: -4.82024 Q3 · CFO: +7.02024 Q4 · CFO: +4.72025 Q1 · CFO: +2.42025 Q2 · CFO: +4.8
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-54-27+0+27+542008 Q12012 Q12014 Q12016 Q12018 Q12020 Q12022 Q12024 Q12008 Q1 · Prepared remarks: +3.32008 Q2 · Prepared remarks: +5.82008 Q3 · Prepared remarks: -0.72008 Q4 · Prepared remarks: +2.42009 Q1 · Prepared remarks: +8.22009 Q4 · Prepared remarks: +2.62010 Q1 · Prepared remarks: +0.82011 Q3 · Prepared remarks: +0.02012 Q1 · Prepared remarks: +6.32012 Q2 · Prepared remarks: +9.22012 Q3 · Prepared remarks: +1.92012 Q4 · Prepared remarks: +8.92013 Q1 · Prepared remarks: +8.32013 Q2 · Prepared remarks: +8.32013 Q3 · Prepared remarks: +13.52013 Q4 · Prepared remarks: +8.32014 Q1 · Prepared remarks: +10.22014 Q2 · Prepared remarks: +10.02014 Q3 · Prepared remarks: +14.82014 Q4 · Prepared remarks: +9.82015 Q1 · Prepared remarks: +9.72015 Q2 · Prepared remarks: +9.32015 Q3 · Prepared remarks: +8.12015 Q4 · Prepared remarks: +13.82016 Q1 · Prepared remarks: +12.62016 Q2 · Prepared remarks: +14.42016 Q3 · Prepared remarks: +8.82016 Q4 · Prepared remarks: +6.32017 Q1 · Prepared remarks: +10.32017 Q2 · Prepared remarks: +11.52017 Q3 · Prepared remarks: +12.32017 Q4 · Prepared remarks: +22.32018 Q1 · Prepared remarks: +18.22018 Q2 · Prepared remarks: +11.82018 Q3 · Prepared remarks: +12.52018 Q4 · Prepared remarks: +9.62019 Q1 · Prepared remarks: +15.62019 Q2 · Prepared remarks: +6.32019 Q3 · Prepared remarks: +17.12019 Q4 · Prepared remarks: +18.82020 Q1 · Prepared remarks: +16.42020 Q2 · Prepared remarks: +14.42020 Q3 · Prepared remarks: +17.72020 Q4 · Prepared remarks: +47.12021 Q1 · Prepared remarks: +12.12021 Q2 · Prepared remarks: +9.22021 Q3 · Prepared remarks: +4.52021 Q4 · Prepared remarks: +8.62022 Q1 · Prepared remarks: +10.12022 Q2 · Prepared remarks: +23.82022 Q3 · Prepared remarks: +8.82022 Q4 · Prepared remarks: +9.92023 Q1 · Prepared remarks: +10.52023 Q2 · Prepared remarks: +11.12023 Q3 · Prepared remarks: +12.92023 Q4 · Prepared remarks: +15.42024 Q1 · Prepared remarks: +4.82024 Q2 · Prepared remarks: +13.82024 Q3 · Prepared remarks: +7.42024 Q4 · Prepared remarks: +8.22025 Q1 · Prepared remarks: +9.72025 Q2 · Prepared remarks: +8.52008 Q1 · Q&A responses: +2.42008 Q2 · Q&A responses: +11.42008 Q3 · Q&A responses: +4.62008 Q4 · Q&A responses: +0.82009 Q1 · Q&A responses: +8.52009 Q4 · Q&A responses: +10.92010 Q1 · Q&A responses: +11.82012 Q1 · Q&A responses: +6.02012 Q2 · Q&A responses: +5.02012 Q3 · Q&A responses: +16.92012 Q4 · Q&A responses: +24.72013 Q1 · Q&A responses: +1.62013 Q3 · Q&A responses: +5.62013 Q4 · Q&A responses: +0.02014 Q1 · Q&A responses: +4.32014 Q2 · Q&A responses: +8.02014 Q3 · Q&A responses: -10.62014 Q4 · Q&A responses: +9.72015 Q1 · Q&A responses: +1.62015 Q2 · Q&A responses: -3.12015 Q3 · Q&A responses: +4.52015 Q4 · Q&A responses: +13.02016 Q1 · Q&A responses: +15.62016 Q2 · Q&A responses: +1.42016 Q3 · Q&A responses: +16.72016 Q4 · Q&A responses: +10.42017 Q1 · Q&A responses: +10.42017 Q2 · Q&A responses: +2.02017 Q3 · Q&A responses: +17.62017 Q4 · Q&A responses: +6.12018 Q1 · Q&A responses: +11.82018 Q2 · Q&A responses: -15.52018 Q3 · Q&A responses: +8.92019 Q1 · Q&A responses: +6.52019 Q2 · Q&A responses: -0.52019 Q3 · Q&A responses: +17.42020 Q1 · Q&A responses: +13.82020 Q2 · Q&A responses: +0.02020 Q3 · Q&A responses: +3.52020 Q4 · Q&A responses: +2.72021 Q1 · Q&A responses: +0.02021 Q2 · Q&A responses: +13.52021 Q3 · Q&A responses: +9.92021 Q4 · Q&A responses: +9.02022 Q1 · Q&A responses: +10.02022 Q2 · Q&A responses: +6.42022 Q3 · Q&A responses: +16.02022 Q4 · Q&A responses: +6.42023 Q1 · Q&A responses: +10.82023 Q2 · Q&A responses: +8.12023 Q3 · Q&A responses: +5.72023 Q4 · Q&A responses: +8.32024 Q1 · Q&A responses: +7.62024 Q2 · Q&A responses: -6.02024 Q3 · Q&A responses: +11.62024 Q4 · Q&A responses: +6.42025 Q1 · Q&A responses: +6.92025 Q2 · Q&A responses: +4.5
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$2.49$5.08$7.662008 Q12012 Q12014 Q12016 Q12018 Q12020 Q12022 Q12024 Q12014 Q1: $2.852014 Q2: $2.912014 Q3: $2.952014 Q4: $3.042015 Q1: $3.122015 Q2: $3.172015 Q3: $3.242015 Q4: $3.342016 Q1: $3.382016 Q2: $3.462016 Q3: $3.532016 Q4: $3.602017 Q1: $3.662017 Q2: $3.762017 Q3: $3.842017 Q4: $3.912018 Q1: $4.082018 Q2: $4.162018 Q3: $4.262018 Q4: $4.352019 Q1: $4.432019 Q2: $4.532019 Q3: $4.612019 Q4: $4.722020 Q1: $4.852020 Q2: $4.932020 Q3: $5.022020 Q4: $5.132021 Q1: $5.222021 Q2: $5.332021 Q3: $5.432021 Q4: $5.602022 Q1: $5.712022 Q2: $5.822022 Q3: $5.952022 Q4: $6.102023 Q1: $6.212023 Q2: $6.332023 Q3: $6.472023 Q4: $6.642024 Q1: $6.832024 Q2: $6.992024 Q3: $7.082024 Q4: $7.30

Forward P/E

15.6720.2824.892008 Q12012 Q12014 Q12016 Q12018 Q12020 Q12022 Q12024 Q12014 Q1: 16.312014 Q2: 17.982014 Q3: 16.902014 Q4: 17.732015 Q1: 17.842015 Q2: 16.422015 Q3: 17.062015 Q4: 18.952016 Q1: 21.372016 Q2: 21.972016 Q3: 20.582016 Q4: 20.142017 Q1: 21.842017 Q2: 22.652017 Q3: 22.372017 Q4: 22.992018 Q1: 19.912018 Q2: 20.342018 Q3: 21.762018 Q4: 21.812019 Q1: 22.982019 Q2: 23.352019 Q3: 24.252019 Q4: 23.312020 Q1: 21.822020 Q2: 20.512020 Q3: 18.702020 Q4: 19.372021 Q1: 17.712021 Q2: 18.862021 Q3: 16.492021 Q4: 17.602022 Q1: 20.042022 Q2: 18.242022 Q3: 19.672022 Q4: 19.402023 Q1: 18.312023 Q2: 18.512023 Q3: 17.812023 Q4: 17.602024 Q1: 17.022024 Q2: 16.742024 Q3: 19.282024 Q4: 18.69

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2015 Q1 tone ↓ -2.9 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q2 tone ↓ -7.0 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q2 tone ↓ -5.4 fwd EPS ↑ +0.10 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q2 tone ↓ -10.6 fwd EPS ↑ +0.07 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q2 tone ↓ -8.7 fwd EPS ↑ +0.10 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q1 tone ↓ -8.7 fwd EPS ↑ +0.12 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q2 tone ↓ -14.6 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q3 tone ↓ -5.3 fwd EPS ↑ +0.10 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q2 tone ↓ -2.0 fwd EPS ↑ +0.11 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q4 tone ↓ -4.0 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -6.1 fwd EPS ↑ +0.19 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q2 tone ↓ -8.8 fwd EPS ↑ +0.16 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q4 tone ↓ -2.4 fwd EPS ↑ +0.22 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q22025-05-08+4.6——View →
2025 Q12025-02-05+6.8——View →
2024 Q42024-11-07+5.7$7.3018.7View →
2024 Q32024-08-08+8.1$7.0819.3View →
2024 Q22024-05-09-5.5$6.9916.7View →
2024 Q12024-02-07+3.2$6.8317.0View →
2023 Q42023-11-09+9.3$6.6417.6View →
2023 Q32023-08-03+8.1$6.4717.8View →