Free Trial

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

$40.71
+0.07 (+0.17%)
(As of 07/26/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 5
After Market Closes
Confirmed
Actual EPS
(May. 2)
$0.73 Missed By -$0.03
Consensus EPS
(May. 2)
$0.76
Skip Charts & View Estimated and Actual Earnings Data

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$0.32$0.32$0.32 
Q3 20241$0.25$0.25$0.25 
Q4 20241$0.47$0.47$0.47 
FY 20244$1.80$1.80$1.80 
Q1 20251$0.80$0.80$0.80 
Q2 20251$0.45$0.45$0.45 
Q3 20251$0.32$0.32$0.32 
Q4 20251$0.54$0.54$0.54 
FY 20254$2.11$2.11$2.11 
Q1 20261$0.88$0.88$0.88 

WTRG Earnings Date and Information

Essential Utilities last announced its earnings data on May 2nd, 2024. The reported $0.73 EPS for the quarter, missing analysts' consensus estimates of $0.76 by $0.03. The firm earned $612.07 million during the quarter, compared to analysts' expectations of $747.44 million. Essential Utilities has generated $2.11 earnings per share over the last year ($2.11 diluted earnings per share) and currently has a price-to-earnings ratio of 19.3. Earnings for Essential Utilities are expected to grow by 7.11% in the coming year, from $1.97 to $2.11 per share. Essential Utilities has confirmed that its next quarterly earnings report will be published on Monday, August 5th, 2024. Essential Utilities will be holding an earnings conference call on Tuesday, August 6th at 11:00 AM Eastern. Interested parties can register for or listen to the call. or dial in at 609-800-9909 with passcode "9261648".

Essential Utilities Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/5/2024
(Confirmed)
-------  
5/2/2024Q1 2024$0.76$0.73($0.03)$0.49$747.44 million$612.07 million
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  
2/24/2021Q4 2020$0.45$0.46+$0.01$0.52$541.00 million$474.00 million  
11/7/2020Q3 2020$0.23$0.23-$0.24$360.31 million$348.60 million  
11/3/2020Q3 2020$0.26$0.23($0.03)$0.24$342.00 million$348.65 million
8/5/2020Q2 2020$0.24$0.29+$0.05$0.29$352.00 million$384.47 million
8/5/2020Q2 2020$0.24$0.29+$0.05$0.29$352.00 million$384.47 million  
5/6/2020Q1 2020$0.57$0.60+$0.03$1.00$228.19 million$225.60 million  
5/6/2020Q1 2020$0.55$0.60+$0.05$1.00$207.00 million$255.59 million
2/26/2020Q4 2019$0.35$0.34($0.01)$0.40$226.00 million$226.04 million
2/26/2020Q4$0.34$0.34-$0.40$226.00 million$226.04 million
11/4/2019Q3 2019$0.43$0.48+$0.05$0.58$236.10 million$243.63 million
11/4/2019Q3 2019$0.43$0.48+$0.05$0.58$236.10 million$243.63 million
8/6/2019Q2 2019$0.39$0.37($0.02)$0.49$225.08 million$218.89 million
8/6/2019Q2 2019$0.39$0.37($0.02)$0.49$225.08 million$218.89 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 Monday, August 5th, 2024. Learn more on WTRG's earnings history.

What guidance has Essential Utilities issued on next quarter's earnings?

Essential Utilities updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share guidance of 2.000- for the period, compared to the consensus EPS estimate of 1.980. The company issued revenue guidance of -.

Did Essential Utilities beat their earnings estimates last quarter?

In the previous quarter, Essential Utilities (NYSE:WTRG) missed the analysts' consensus estimate of $0.76 by $0.03 with a reported earnings per share (EPS) of $0.73. Learn more on analysts' earnings estimate vs. WTRG's actual earnings.

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 $2.11 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 19.29 and a forward price-to-earnings ratio of 20.66. The price/earnings-to-growth ratio is 3.63.

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

Essential Utilities's earnings are expected to grow from $1.97 per share to $2.11 per share in the next year, which is a 7.11% increase.


More Earnings Resources from MarketBeat

This page (NYSE:WTRG) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners