Brief: Essential Utilities Reaffirms 2022 Guidance

Essential Utilities

11/01/2023 21:55

Jan 11 (Reuters) - Essential Utilities Inc  WTRG.N :
    * ESSENTIAL UTILITIES REAFFIRMS 2022 GUIDANCE, ANNOUNCES
2023 AND
LONG-TERM GUIDANCE AND PLANS TO REPORT EARNINGS FOR FULL-YEAR
2022
    * ESSENTIAL UTILITIES INC REAFFIRMS FY EARNINGS PER SHARE
VIEW
$1.75 TO $1.80
    * ESSENTIAL UTILITIES INC - ANNOUNCES 2023 ANNUAL EARNINGS
PER
SHARE GUIDANCE RANGE OF $1.85 TO $1.90
    * ESSENTIAL UTILITIES INC - INFRASTRUCTURE INVESTMENTS OF
$3.3
BILLION THROUGH 2025
    * ESSENTIAL UTILITIES INC - REAFFIRMS MULTIYEAR ESG
COMMITMENTS
    * ESSENTIAL UTILITIES INC - THROUGH 2025, EARNINGS PER SHARE
WILL
GROW AT A COMPOUNDED ANNUAL GROWTH RATE OF 5 TO 7%
    * ESSENTIAL UTILITIES INC - THROUGH 2025, WE WILL MAKE
REGULATED
INFRASTRUCTURE INVESTMENTS OF APPROXIMATELY $1.1 BILLION
ANNUALLY
    * ESSENTIAL UTILITIES INC -GUIDANCE DOES NOT INCLUDE ANY
IMPACT
FROM AGREEMENT TO SELL WEST VIRGINIA NATURAL GAS UTILITY
    * ESSENTIAL UTILITIES INC -  EXPECTS A FINAL DECISION FROM
PENNSYLVANIA PUBLIC UTILITY COMMISSION ON PURCHASE AGREEMENTS IN
MID-2023

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