Atmos Energy (NYSE:ATO) is scheduled to report its earnings on Wednesday, November 4, 2026. The company has a market value of about $29.4 billion. Over the last twelve months, it generated $4.9 billion in revenue and $1.8 billion in operating profit, with net income of $1.4 billion.
The reaction will turn on how the results and guidance land against expectations. Before the release, it helps to know how the stock has behaved after previous reports, and whether an early move has tended to carry on.
See the earnings reaction history of all stocks
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Atmos Energy’s Historical Odds Of A Positive Post-Earnings Return
Some observations on one-day (1D) post-earnings returns, measured from the last close before each release:
- There are 20 earnings releases in the last five years, with 11 positive and 9 negative one-day (1D) returns. Positive 1D returns were seen 55% of the time.
- Over the last three years, that share rises to 58%, across 12 releases.
- The median of the 11 positive 1D returns is 1.8%, and the median of the 9 negative ones is -0.9%.
- The largest one-day reactions were 8.4% and -2.9%.
The table below shows the 1D, 5-day (5D), and 21-day (21D) returns after each release, followed by summary statistics.
Earnings Date 1D 5D 21D 8/5/2026 -0.1% -1.5% -1.2% 5/6/2026 -1.6% -2.6% -7.3% 2/3/2026 1.8% 3.2% 10.4% 11/5/2025 1.7% 3.0% -0.2% 8/6/2025 3.6% 6.3% 6.6% 5/7/2025 -0.9% -6.4% -5.9% 2/4/2025 1.9% 1.9% 3.4% 11/6/2024 1.8% 5.5% 2.8% 8/7/2024 -0.9% 0.4% 2.7% 5/8/2024 -0.7% -2.3% -4.1% 2/6/2024 0.1% -0.1% 4.1% 11/8/2023 1.8% 3.9% 4.6% 8/2/2023 -2.6% -3.3% -3.9% 5/3/2023 4.5% 5.7% 2.1% 2/7/2023 -0.4% -1.0% -4.8% 11/9/2022 8.4% 8.9% 14.8% 8/3/2022 -2.9% -4.0% -3.2% 5/4/2022 -0.2% -2.3% 1.3% 2/8/2022 2.1% -1.0% 7.0% 11/10/2021 0.7% -0.2% 2.5% Statistic 1D 5D 21D # Positive 11 9 12 # Negative 9 11 8 Median Positive 1.8% 3.9% 3.7% Median Negative -0.9% -2.3% -4.0% Max Positive 8.4% 8.9% 14.8% Max Negative -2.9% -6.4% -7.3%
Correlation Between 1D, 5D And 21D Post-Earnings Returns
Another approach is to wait for the initial reaction and ask whether it tends to continue. The table below shows the correlation between the 1D return and the return over the following 5 and 21 trading days, and between the 5D return and the following 21 trading days. A value near 1 means the first move has tended to continue; near -1, to reverse; near 0, no consistent pattern. The strongest relationship over five years is between the 1D and the following 21 days, at 0.44 across 20 releases: the early move has tended to continue in the same direction. That is a tendency, not a rule, and it can break on any given report.
History 1D vs next 5D 1D vs next 21D 5D vs next 21D 5 Years 0.25 0.44 0.01 3 Years 0.70 0.40 0.08
Do Peers That Report First Offer A Clue?
CenterPoint Energy (CNP) usually reports about 8 days before Atmos Energy and has already reported this season. CenterPoint stock rose 1.9% on its October 27 report. The table compares CenterPoint’s one-day reaction to its own earnings with Atmos Energy’s one-day reaction to the report that followed. The correlation is 0.13; the closer to 1, the more the peer’s reaction has foreshadowed Atmos Energy’s. Figures this close to 0 show no consistent link.
ATO Earnings Date ATO 1D CNP 1D 8/5/2026 -0.1% 0.2% 5/6/2026 -1.6% 2.5% 11/5/2025 1.7% -1.1% 8/6/2025 3.6% 1.9% 5/7/2025 -0.9% 1.5% 11/6/2024 1.8% 1.5% 8/7/2024 -0.9% -2.3% 5/8/2024 -0.7% -0.3% 11/8/2023 1.8% 0.5% 8/2/2023 -2.6% -2.7% 5/3/2023 4.5% 1.5% 11/9/2022 8.4% -0.9% 8/3/2022 -2.9% 0.2% 5/4/2022 -0.2% 1.1% 11/10/2021 0.7% 0.8% Correlation – 0.13
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Source: www.trefis.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
