Unitil Q3 EPS $0.09 Beats $0.06 Estimate, Sales $103.90M Miss $116.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Unitil (NYSE:UTL) reported Q3 earnings of $0.09 per share, beating the analyst consensus estimate of $0.06 by 50%. This is a 200% increase from the same period last year. However, the company's quarterly sales of $103.90 million missed the analyst consensus estimate of $116.00 million by 10.43%, marking a 5.72% decrease from the same period last year.
November 07, 2023 | 11:47 am
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Unitil's Q3 earnings exceeded expectations, but sales fell short of estimates. This mixed performance may lead to uncertainty in the market.
Unitil's earnings beat estimates, which is a positive signal for investors. However, the company's sales missed estimates, which could be a concern. This mixed performance may lead to uncertainty in the market, potentially impacting the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100