Unitil Q2 EPS $0.25 Misses $0.27 Estimate, Sales $103.40M Beat $100.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Unitil (NYSE:UTL) reported Q2 earnings of $0.25 per share, missing the analyst consensus estimate of $0.27 by 7.41%. This is a 16.67% decrease from the same period last year. However, the company reported quarterly sales of $103.40 million, beating the analyst consensus estimate of $100.00 million by 3.40%. This is a 4.55% increase from the same period last year.
August 01, 2023 | 10:51 am
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Unitil's Q2 earnings per share missed estimates by 7.41%, but sales exceeded estimates by 3.40%. This mixed result could lead to uncertainty in the market.
Unitil's earnings per share missed the analyst consensus, which could negatively impact the stock. However, the company's sales exceeded estimates, which could have a positive effect. The mixed results could lead to uncertainty in the market, making it difficult to predict the short-term impact on the stock.
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