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WTRG Essential Utilities News Story

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UtilitiesConservativeLarge CapNeutral

Essential Utilities Inc expected to post earnings of 67 cents a share - Earnings Preview

* Essential Utilities Inc  WTRG.N   WTRG.K  is expected
to show a
rise in quarterly revenue when it reports  results on February
26 for the period ending December 31 2024
    * The Bryn Mawr Pennsylvania-based  company is expected to
report
a 34.2% increase in revenue to $643.177 million from $479.42
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 67 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Essential
Utilities Inc is $44.00​, above​ its last closing price
of $36.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.24        0.24       0.25      Beat    3.5
 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.        0.30        0.29       0.30      Beat    2.9
 30 2023                                                
 Jun. 30 2023  0.33        0.34       0.34      Met     0​
 Mar. 31 2023  0.70        0.71       0.72      Beat    1.9
 Dec. 31 2022  0.45        0.45       0.44      Missed  -1.5
 This summary was machine generated February 24 at 21:20 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)

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