Essential Utilities ($WTRG) Q3 2024 Earnings Preview

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Brace yourselves for the unveiling of Essential Utilities's (NYSE: WTRG) third quarter financial results on Monday 4th November 2024. This eagerly awaited announcement will take place after market close.

According to the forecasts of financial experts on Wall Street, the concern is poised to announce an anticipated per share $0.24 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $416.91 million for this specific period.

The company's earnings report for the same quarter in the previous year revealed a per-share income of $0.3, attributed to the company's total revenue of $411.26 million.

Wall Street analysts have revealed their forecasts for the company's annual performance, predicting a total revenue of $2.15 billion. Additionally, they expect the company to report per share profit of $2.05 for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.28 -17.6% 434.41 M -0.5%
Q1 2024 $0.97 +34.7% 612.07 M -15.7%
Q4 2023 $0.50 +13.6% 479.42 M -32.0%
Q3 2023 $0.30 +15.4% 411.26 M -5.4%
Q2 2023 $0.34 +9.7% 436.70 M -2.7%
*Growth on year-over-year basis

 

Additionally, The company will host a conference call with investors and analysts on 5th November 2024 at 11:00 AM eastern time to review the Q3 2024 financial results.

Friday's trading saw Essential Utilities (WTRG) shares hit a low of $38.18 and a high of $38.85, with a day volume of 1.79 million shares. The stock closed the regular trading session at $38.24, indicating 0.93 percent decline.