Essential Utilities(WTRG)
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Down -8.73% in 4 Weeks, Here's Why Essential Utilities (WTRG) Looks Ripe for a Turnaround
ZACKS· 2025-01-07 15:41
Essential Utilities (WTRG) has been beaten down lately with too much selling pressure. While the stock has lost 8.7% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillato ...
Essential Utilities: Undervalued In A Defensive Sector
Seeking Alpha· 2024-11-25 22:04
This article revisits Essential Utilities, Inc. (NYSE: WTRG ) following its recent quarterly results that highlighted (1) progress on key regulatory approvals in Pennsylvania, and (2) sustained investment in infrastructure improvements across its water and natural gas segments. SinceJoseph Jones, professor at The University of Southern Mississippi, has over fifteen years of experience studying the market. He focuses on portfolio construction from a dividend growth investor's perspective. The insights expres ...
Essential Utilities(WTRG) - 2024 Q3 - Quarterly Report
2024-11-06 19:49
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON DC 20549 FORM 10-Q (Mark One) S QUARTERLY REPORT PURSUANT TO SECTION 13 or 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended September 30, 2024 £ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from_______________ to _______________ | --- | --- | |------------------------------------------------------------------------------------------ ...
Essential Utilities, Inc. (WTRG) Q3 2024 Earnings Conference Call Transcript
Seeking Alpha· 2024-11-05 19:53
Essential Utilities, Inc. (NYSE:WTRG) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Brian Dingerdissen - VP, IR and Treasurer Christopher Franklin - President and CEO Daniel Schuller - CFO Conference Call Participants Julien Dumoulin Smith - Jefferies Durgesh Chopra - Evercore ISI Travis Miller - Morningstar Davis Sunderland - Baird Greg Cordell - UBS Jonathan Reeder - Wells Fargo Operator Thank you for standing by. My name is Ellie and I will be your conference operator ...
Essential Utilities(WTRG) - 2024 Q3 - Earnings Call Transcript
2024-11-05 19:53
Essential Utilities, Inc. (NYSE:WTRG) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Brian Dingerdissen - VP, IR and Treasurer Christopher Franklin - President and CEO Daniel Schuller - CFO Conference Call Participants Julien Dumoulin Smith - Jefferies Durgesh Chopra - Evercore ISI Travis Miller - Morningstar Davis Sunderland - Baird Greg Cordell - UBS Jonathan Reeder - Wells Fargo Operator Thank you for standing by. My name is Ellie and I will be your conference operator ...
Essential Utilities Beats Q3 Earnings Estimates, Plans to Invest $8B
ZACKS· 2024-11-05 17:36
Essential Utilities Inc. (WTRG) delivered third-quarter 2024 operating earnings per share (EPS) of 25 cents, which beat the Zacks Consensus Estimate of 23 cents by 8.7%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.However, the bottom line declined 16.7% from the year-ago quarter’s earnings of 30 cents. The year-over-year decline in earnings was due to the impact of lower regulated natural gas volumes, higher depreciation and interest expense, and lower repair tax benefits.Total R ...
Essential Utilities(WTRG) - 2024 Q3 - Quarterly Results
2024-11-05 15:38
Exhibit 99.1 Essential Utilities Reports Financial Results for Q3 2024 Earnings per share of $0.25 for Q3 2024 Company reinstates multi-year earnings guidance of 5-7% PUC approval of Peoples Natural Gas rate case Settlement reached for Aqua Pennsylvania rate case BRYN MAWR, PA (November 4, 2024) – Essential Utilities Inc. (NYSE: WTRG) today reported results for the third quarter ended September 30, 2024. Essential's net income was $69.4 million or $0.25 per share for the third quarter of 2024. Essential als ...
Essential Utilities(WTRG) - 2024 Q3 - Earnings Call Presentation
2024-11-05 14:18
February 2024 NYSE LISTED WTRG Third Quarter 2024 November 5, 2024 | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | 2 Forward Looking Statement 3 This presentation contains in addition to historical information, forward looking statements based on assumptions made by management regarding future circumstances over which the company may have little or no control, that involve risks, uncertainties and other factors that may cause actual r ...
Essential Utilities (WTRG) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-05 00:15
Essential Utilities (WTRG) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.70%. A quarter ago, it was expected that this water utility would post earnings of $0.30 per share when it actually produced earnings of $0.28, delivering a surprise of -6.67%.Over the last four quarters, the ...
Essential Utilities: Buy This Dividend Compounder On Sale Now
Seeking Alpha· 2024-09-15 11:30
A woman fills a glass with tap water. Kemal Yildirim/E+ via Getty Images In dividend growth investing, it is often said that the safest dividend is the one just raised. I generally agree with this maxim. This is most especially true when a payout hike is entirely supported by a company's fundamentals. Put another way, dividend boosts are sustainable when the following conditions are met: 1. The balance sheet is strong and stable. 2. Earnings consistently move higher and the growth outlook remains promising. ...