Unitil Corp reports results for the quarter ended in September 30 - Earnings Summary

Unitil

05/11/2024 07:58

* Unitil Corp  UTL.N  reported quarterly breakeven results​​
per
share for the quarter ended September 30, lower than the same
quarter last year, when the company reported EPS of 9 cents. 
The mean expectation of three analysts for the quarter was
for earnings of 8 cents per share. Wall Street expected
results to range from 1 cents to 14 cents per share.
    * Revenue fell 10.6% to $92.90 million from a year ago;
analysts
expected $116.00 million. 
    * Unitil Corp's reported EPS for the quarter was breakeven
results​.
    * The company reported break even results for the quarter.
    * Unitil Corp shares had fallen by 6.3% this quarter and
gained 8.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 733.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the multiline
utilities
peer group is also "buy"

Wall Street's median 12-month price target for Unitil Corp is
59.00 
This summary was machine generated from LSEG data November 5 at
07:58 a.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
 Sep. 30 2024      0.08           0.00           Missed
 Jun. 30 2024      0.29           0.27           Missed
 Mar. 31 2024      1.59           1.69           Beat
 Dec. 31 2023      0.94           0.97           Beat