Essential Utilities Inc reports results for the quarter ended June 30 - Earnings Summary
Essential Utilities Inc reports results for the quarter ended June 30 - Earnings Summary
Essential Utilities Inc WTRG.N reported quarterly adjusted earnings of 37 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 38 cents. The mean expectation of three analysts for the quarter was for earnings of 37 cents per share. Wall Street expected results to range from 36 cents to 38 cents per share.
Revenue rose 3.1% to $530.85 million from a year ago; analysts expected $551.30 million.
Essential Utilities Inc's reported EPS for the quarter was 37 cents.
The company reported quarterly net income of $105.73 million.
Essential Utilities Inc shares had risen by 1.2% this quarter and gained 1.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 8.5% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the water & related utilities peer group is "buy."
Wall Street's median 12-month price target for Essential Utilities Inc is $41.50, about 4.7% above its last closing price of $39.56
This summary was machine generated from LSEG data August 4 at 10:43 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.37 | 0.37 | Met |
Mar. 31 2026 | 0.87 | 0.79 | Missed |
Dec. 31 2025 | 0.42 | 0.47 | Beat |
Sep. 30 2025 | 0.28 | 0.33 | Beat |
Recent news on Essential Utilities
See all newsBrief: Aqua Pennsylvania Acquires Ulster Municipal Authority Water System In Bradford County
Brief: Essential Utilities & American Water Files Joint Petition For Non-Unanimous Settlement
Brief: American Water And Essential Utilities Announce Expiration Of Hart-Scott-Rodino Waiting Period For Proposed Merger
Essential Utilities Inc reports results for the quarter ended June 30 - Earnings Summary
Essential Utilities Q2 adjusted EPS beats estimates