Essential Utilities (WTRG) Earnings Date, Estimates & Call Transcripts

$36.09
-0.48 (-1.31%)
(As of 04/26/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 2
After Market Closes
Confirmed
Actual EPS
(Feb. 23)
$0.50 Beat By $0.01
Consensus EPS
(Feb. 23)
$0.49
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WTRG Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

WTRG Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Essential Utilities Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$0.76$0.76$0.76 
Q2 20241$0.37$0.37$0.37 
Q3 20241$0.32$0.32$0.32 
Q4 20241$0.59$0.59$0.59 
FY 20244$2.04$2.04$2.04 
Q1 20251$0.88$0.88$0.88 
Q2 20251$0.41$0.41$0.41 
Q3 20251$0.35$0.35$0.35 
Q4 20251$0.61$0.61$0.61 
FY 20254$2.25$2.25$2.25 
Q1 20261$0.74$0.74$0.74 

WTRG Earnings Date and Information

Essential Utilities last issued its quarterly earnings results on February 23rd, 2024. The reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.01. The company had revenue of $479.40 million for the quarter, compared to the consensus estimate of $708.50 million. Its quarterly revenue was down 32.0% compared to the same quarter last year. Essential Utilities has generated $1.86 earnings per share over the last year ($1.86 diluted earnings per share) and currently has a price-to-earnings ratio of 19.4. Earnings for Essential Utilities are expected to grow by 5.50% in the coming year, from $2.00 to $2.11 per share. Essential Utilities has confirmed that its next quarterly earnings report will be published on Thursday, May 2nd, 2024. Essential Utilities will be holding an earnings conference call on Friday, May 3rd at 11:00 AM Eastern. Interested parties can register for or listen to the call. or dial in at 866-583-1035 with passcode "4938576".

Essential Utilities Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/2/2024
Confirmed)
-------  
2/23/2024Q4 2023$0.49$0.50+$0.01$0.50$708.50 million$479.40 million    
11/6/2023Q3 2023$0.29$0.30+$0.01$0.30$455.20 million$411.26 million    
8/7/2023Q2 2023$0.34$0.34-$0.34$469.07 million$436.70 million    
5/8/2023Q1 2023$0.74$0.72($0.02)$0.72$682.87 million$726.45 million    
2/27/2023Q4 2022$0.45$0.44($0.01)$0.44$578.00 million$705.40 million    
11/7/2022Q3 2022$0.23$0.26+$0.03$0.26$376.00 million$434.62 million
8/3/2022Q2 2022$0.31$0.31-$0.31$413.00 million$448.76 million
5/9/2022Q1 2022$0.74$0.76+$0.02$0.76$617.07 million$699.30 million    
2/23/2022Q4 2021-$0.44+$0.44$0.44-$535.69 million    
10/31/2021Q3 2021$0.21$0.19($0.02)$0.19$367.00 million$361.86 million    
8/4/2021Q2 2021$0.25$0.32+$0.07$0.32$395.00 million$397.03 million    
5/5/2021Q1 2021$0.66$0.72+$0.06$0.72$700.00 million$583.57 million  

Essential Utilities Earnings - Frequently Asked Questions

When is Essential Utilities's earnings date?

Essential Utilities has confirmed that its next quarterly earnings data will be published on Thursday, May 2nd, 2024. Learn more on WTRG's earnings history.

Did Essential Utilities beat their earnings estimates last quarter?

In the previous quarter, Essential Utilities (NYSE:WTRG) reported $0.50 earnings per share (EPS) to beat the analysts' consensus estimate of $0.49 by $0.01. Learn more on analysts' earnings estimate vs. WTRG's actual earnings.

How can I listen to Essential Utilities's earnings conference call?

The conference call for Essential Utilities's latest earnings report can be listened to online. Listen to Conference Call

How can I read Essential Utilities's conference call transcript?

The conference call transcript for Essential Utilities's latest earnings report can be read online. Read Transcript

How much revenue does Essential Utilities generate each year?

Essential Utilities (NYSE:WTRG) has a recorded annual revenue of $2.05 billion.

How much profit does Essential Utilities generate each year?

Essential Utilities (NYSE:WTRG) has a recorded net income of $498.23 million. WTRG has generated $1.86 earnings per share over the last four quarters.

What is Essential Utilities's price-to-earnings ratio?

Essential Utilities (NYSE:WTRG) has a trailing price-to-earnings ratio of 19.40 and a forward price-to-earnings ratio of 18.05. The price/earnings-to-growth ratio is 3.18.

What is Essential Utilities's EPS forecast for next year?

Essential Utilities's earnings are expected to grow from $2.00 per share to $2.11 per share in the next year, which is a 5.50% increase.


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This page (NYSE:WTRG) was last updated on 4/28/2024 by MarketBeat.com Staff

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