Unitil Corp expected to post earnings of $1.59 a share - Earnings Preview

Unitil

03/05/2024 16:40

* Unitil Corp  UTL.N   UTL  is expected to show a fall in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Hampton New Hampshire-based  company is expected to
report a
3.4% decrease in revenue to $212.65 million from $220.2 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Unitil Corp is for
earnings of
$1.59 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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 Unitil Corp
is
$52.00​, below​ its last closing price of $52.38. ​​​

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  0.94        0.94       0.97      Beat    3.7
 Jan. 1 2023   0.04        0.05       0.09      Beat    80
 Jun. 30 2023  0.30        0.29       0.25      Missed  -12.3​
 Mar. 31 2023              1.45       1.51      Beat    4.1
 ​​Dec.        0.85        0.90       0.91      Beat    1.1
 31 2022                                                
 Sep. 30 2022  0.01        0.01       0.03      Beat    349.8​
 Jun. 30 2022  0.07        0.15       0.30      Beat    100
 Mar. 31 2022  1.27        1.33       1.35      Beat    1.3
 This summary was machine generated May 3 at 15:40 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)