Essential Utilities (WTRG) Q2 Earnings & Sales Miss Estimates

Essential Utilities Inc. (WTRG) delivered second-quarter 2024 operating earnings per share (EPS) of 28 cents, which lagged the Zacks Consensus Estimate of 30 cents by 6.7%. The bottom line also missed the year-ago quarter's earnings of 34 cents by 17.6%. The year-over-year decline in earnings was due to the impact of weather, which was warmer than normal, lowering demand for utility services and increasing expenses. Total Revenues Operating revenues of $434.4 million lagged the Zacks Consensus Estimate of$ ...