Essential Utilities Q3 Earnings Fall, Revenue Rises; 2024 Outlook Maintained -- Shares Drop After Hours

MT Newswires Live
2024-11-05

Essential Utilities (WTRG) reported Q3 net income late Monday of $0.25 per diluted share, down from $0.30 a year earlier.

Analysts polled by Capital IQ expected $0.25.

Revenue for the quarter ended Sept. 30 rose to $435.3 million from $411.3 million a year earlier. Three analysts surveyed by Capital IQ expected $424.4 million.

For 2024, the company continues to expect EPS of $1.96 to $2. However, the company expects to exceed that range on a GAAP basis. The consensus is for $2.01.

For 2025, Essential Utilities projects EPS at $2.07 to $2.11. Analysts are looking for $2.13.

Essential Utilities shares were down nearly 3% in after-hours activity.

Price: 38.69, Change: +0.06, Percent Change: +0.16

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10