Essential Utilities shares are trading lower after the company reported inline Q2 EPS results and worse-than-expected Q2 revenue results.
Portfolio Pulse from Benzinga Newsdesk
Essential Utilities reported Q2 earnings per share (EPS) in line with expectations, but its Q2 revenue fell short of forecasts. This has led to a decrease in the company's share price.
August 08, 2023 | 3:32 pm
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Essential Utilities' Q2 revenue results were worse than expected, causing a drop in its share price.
Essential Utilities' Q2 revenue results were below expectations, which is a negative signal for investors. This has led to a decrease in the company's share price, indicating a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100