Unitil Corp expected to post earnings of 29 cents a share - Earnings Preview

Unitil

02/08/2024 16:53

* Unitil Corp  UTL.N   UTL  is expected to show a fall in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The Hampton New Hampshire-based  company is expected to
report a
9.1% decrease in revenue to $94 million from $103.4 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Unitil Corp is for
earnings of
29 cents 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 $62.05. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   1.60        1.59       1.69      Beat    6.3
 Dec. 31 0001  0.94        0.94       0.97      Beat    3.7
 Jan. 1 0001   0.04        0.05       0.09      Beat    80​
 Jun. 30 2023  0.30        0.29       0.25      Missed  -12.3
 ​​Mar.                    1.45       1.51      Beat    4.1
 31 2023                                                
 Dec. 31 2022  0.85        0.90       0.91      Beat    1.1​
 Jan. 1 0001   0.01        0.01       0.03      Beat    349.8
 Jan. 1 0001   0.07        0.15       0.30      Beat    100
 This summary was machine generated August 2 at 15:53 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)