Essential Utilities, Inc.

WTRG

US29670G1022

Water Utilities

Market Closed - Nyse Other stock markets 04:00:01 2024-04-19 pm EDT			5-day change	1st Jan Change
35.44 ^USD	+0.80%		+3.14%	-5.11%

Mar. 04	Evercore ISI Cuts Essential Utilities' Price Target to $42 From $51, Maintains Outperform Rating	MT
Mar. 01	RBC Cuts Price Target on Essential Utilities to $42 From $47, Notes 'Modest Headwinds' Facing Water Utilities; Outperform Kept	MT

Essential Utilities, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022

May 09, 2022 at 07:15 am EDT

Essential Utilities, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 699.28 million compared to USD 583.57 million a year ago. Net income was USD 199.38 million compared to USD 183.69 million a year ago. Basic earnings per share from continuing operations was USD 0.76 compared to USD 0.72 a year ago. Diluted earnings per share from continuing operations was USD 0.76 compared to USD 0.72 a year ago.

Latest news about Essential Utilities, Inc.

Evercore ISI Cuts Essential Utilities' Price Target to $42 From $51, Maintains Outperform Rating	Mar. 04	MT
RBC Cuts Price Target on Essential Utilities to $42 From $47, Notes 'Modest Headwinds' Facing Water Utilities; Outperform Kept	Mar. 01	MT
Essential Utilities Seeks Acquisitions in the Water and Wastewater Space	Feb. 23	CI
Transcript : Essential Utilities, Inc., Q4 2023 Earnings Call, Feb 23, 2024	Feb. 23
Essential Utilities Q4 Earnings Rise, Revenue Slides; 2024 Profit Outlook Set	Feb. 22	MT
Earnings Flash (WTRG) ESSENTIAL UTILITIES Reports Q4 Revenue $479.4M, vs. Street Est of $708.6M	Feb. 22	MT
Essential Utilities, Inc. Provides Earnings Guidance for the Year 2024	Feb. 22	CI
Essential Utilities, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 22	CI
Essential Utilities, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 22	CI
Essential Utilities Maintains Quarterly Dividend at $0.3071 Per Share; Payable June 1 to Shareholders of Record on May 10	Feb. 21	MT
Essential Utilities Inc. Declares Quarterly Cash Dividend, Payable on June 1, 2024	Feb. 21	CI
Essential Utilities Completes Sale of Microgrid, District Energy Properties to Cordia	Jan. 31	MT
Cordia LLC acquired Three Microgrids And District Energy Systems In Allegheny, Pennsylvania of Essential Utilities, Inc.	Jan. 29	CI
Essential Utilities, Inc. Declares Quarterly Cash Dividend, Payable on March 1, 2024	Dec. 12	CI
Transcript : Essential Utilities, Inc., Q3 2023 Earnings Call, Nov 07, 2023	Nov. 07
Essential Utilities, Inc. Reaffirms Earnings Guidance for the Year 2023 and Through 2025	Nov. 07	CI
Essential Utilities Q3 EPS Rises, Revenue Falls	Nov. 06	MT
Earnings Flash (WTRG) ESSENTIAL UTILITIES Reports Q3 EPS $0.30, vs. Street Est of $0.29	Nov. 06	MT
Earnings Flash (WTRG) ESSENTIAL UTILITIES Reports Q3 Revenue $411.3M, vs. Street Est of $455.2M	Nov. 06	MT
Essential Utilities, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 06	CI
North American Morning Briefing : Stocks Look to -2-	Nov. 06	DJ
Sector Update: Energy Stocks Fall Late Friday Afternoon	Nov. 03	MT
Sector Update: Energy	Nov. 03	MT
Edward Jones Upgrades Essential Utilities to Buy From Hold	Nov. 03	MT
Essential Utilities, Inc. Announces Election of Roderick K. West to Board of Directors	23-10-27	CI

Chart Essential Utilities, Inc.

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Company Profile

Essential Utilities, Inc. is a holding company for regulated utilities providing water, wastewater, or natural gas services. The Companyâs segments include the Regulated Water segment and the Regulated Natural Gas segment. The Regulated Water segment consists of water and wastewater regulated utility companies, which are organized by the states where the Company provides water and wastewater services. The Regulated Natural Gas segment consists of natural gas utility companies, acquired in the Peoples Gas Acquisition, for which the Company provides natural gas distribution services. It provides services across Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, and Kentucky under the Aqua and Peoples brands. The Company also operates market-based activities, conducted through its non-regulated subsidiaries, that provide utility service line protection solutions and repair services to households and gas marketing and production activities.

Sector

Water Utilities

Calendar

2024-04-30 - Annual General Meeting

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Ratings for Essential Utilities, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

35.16 USD

Average target price

43.77 USD

Spread / Average Target

+24.50%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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