Essential Utilities Inc expected to post earnings of 77 cents a share - Earnings Preview
30/04/2024 21:03
* Essential Utilities Inc WTRG.N WTRG.K is expected
to show a
rise in quarterly revenue when it reports results on May 2 for
the period ending March 31 2024
* The Bryn Mawr Pennsylvania-based company is expected to
report
a 3.3% increase in revenue to $750.081 million from $726.45
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 77 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts had fallen by
about 2.0%
in the last three months.
* Wall Street's median 12-month price target for Essential
Utilities Inc is $42.00, above its last closing price
of $36.47.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.49 0.50 0.50 Met -0.6
Sep. 30 2023 0.30 0.29 0.30 Beat 2.9
Jan. 1 0001 0.33 0.34 0.34 Met 0
Mar. 31 2023 0.70 0.71 0.72 Beat 1.9
Dec. 0.45 0.45 0.44 Missed -1.5
31 2022
Sep. 30 2022 0.24 0.22 0.26 Beat 16.9
Jun. 30 2022 0.31 0.31 0.31 Met 1.5
Mar. 31 2022 0.74 0.74 0.76 Beat 2.1
This summary was machine generated April 30 at 20:03 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)