Preview: Unitil's Earnings
Portfolio Pulse from Benzinga Insights
Unitil Corporation (NYSE:UTL) is scheduled to release its quarterly earnings report on February 13, 2024. Analysts predict an EPS of $0.93. Investors are hopeful for a beat on this estimate and positive future guidance. Unitil's past earnings performance shows mixed results with minor share price movements post-earnings. Currently, shares are trading at $48.57, reflecting a 3.87% decline over the last year, indicating a bearish sentiment among long-term shareholders.
February 12, 2024 | 6:01 pm
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NEUTRAL IMPACT
Unitil is expected to report an EPS of $0.93 for the upcoming quarter. Historical performance shows minor fluctuations in share price post-earnings, with a recent 3.87% annual decline indicating bearish sentiment.
Given Unitil's history of minor share price movements post-earnings and the current bearish sentiment from a 3.87% decline over the past year, the short-term impact of the earnings report is likely to be neutral. The actual EPS result and forward guidance will be key factors influencing the stock's direction, but historical trends suggest limited volatility.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100