Atlas Energy, Inc. (NASDAQ:ATLS) had a loss and beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Atlas Energy, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased to $-0.29 in the quarter versus EPS of $0.20 in the year-earlier quarter.
Revenue: Rose 5.63% to $439 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Atlas Energy beat the average revenue estimate of $90 million.
Quoting Management: Edward E. Cohen, Chief Executive Officer of Atlas Energy, stated, “Our results in 2012 at ATLS should only be exceeded by our accomplishments this year and beyond. All of our success is attributable to the tremendous efforts of both ARP and APL, both of which had strong performances through the end of the year. We expect continued value creation for all of our stakeholders.”
Key Stats (on next page)…