Unitil(US:UTL) ZACKSยท2024-11-05 00:30Core Viewpoint - Unitil (UTL) reported quarterly earnings of $0.02 per share, exceeding the Zacks Consensus Estimate of $0.01 per share, but down from $0.09 per share a year ago, indicating a 100% earnings surprise [1] Financial Performance - The company posted revenues of $92.9 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 19.91%, and down from $103.9 million year-over-year [2] - Over the last four quarters, Unitil has surpassed consensus EPS estimates four times but has only topped consensus revenue estimates once [2] Stock Performance - Unitil shares have increased approximately 7.1% since the beginning of the year, compared to the S&P 500's gain of 20.1% [3] - The current Zacks Rank for Unitil is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.95 on revenues of $145 million, and for the current fiscal year, it is $2.92 on revenues of $535 million [7] - The estimate revisions trend for Unitil is mixed, and changes in earnings expectations may occur following the recent earnings report [6] Industry Context - The Utility - Electric Power industry is currently in the top 38% of Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8]