Essential Utilities Q1 Earnings, Revenue Rise; 2025 Outlook Reaffirmed, Shares Down

MT Newswires Live
05-12

Essential Utilities (WTRG) reported Q1 earnings Monday of $1.03 per share, up from $0.97 a year earlier.

Two analysts polled by FactSet expected $0.80.

Operating revenue for the quarter ended March 31 was $783.6 million, up from $612.1 million a year earlier.

Two analysts surveyed by FactSet expected $701.9 million.

The company maintained its full-year earnings guidance range of $2.07 to $2.11 per diluted share. Four analysts surveyed by FactSet expect $2.09.

Shares of the company were down 1.1% in recent Monday premarket activity.

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