Essential Utilities Inc expected to post earnings of 24 cents a share - Earnings Preview
02/11/2024 03:51
* Essential Utilities Inc WTRG.N WTRG.K is expected
to show a
rise in quarterly revenue when it reports results on November 4
for the period ending September 30 2024
* The Bryn Mawr Pennsylvania-based company is expected to
report
a 1.4% increase in revenue to $416.912 million from $411.26
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
* LSEG's mean analyst estimate for Essential Utilities Inc
is for
earnings of 24 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts had fallen by
about 3.7%
in the last three months.
* Wall Street's median 12-month price target for Essential
Utilities Inc is $45.00, above its last closing price
of $38.24.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 0.30 0.30 0.28 Missed -7.7
Mar. 31 2024 0.80 0.77 0.97 Beat 26
Dec. 31 2023 0.49 0.50 0.50 Met -0.6
Sep. 30 2023 0.30 0.29 0.30 Beat 2.9
Jun. 0.33 0.34 0.34 Met 0
30 2023
Mar. 31 2023 0.70 0.71 0.72 Beat 1.9
Dec. 31 2022 0.45 0.45 0.44 Missed -1.5
Sep. 30 2022 0.24 0.22 0.26 Beat 16.9
This summary was machine generated November 2 at 03:50 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)