Essential Utilities (WTRG) Surpasses Q3 Earnings and Revenue Estimates
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Essential Utilities (WTRG) reported Q3 earnings of $0.25 per share, surpassing the Zacks Consensus Estimate of $0.23. However, this is a decrease from $0.30 per share a year ago.
November 05, 2024 | 12:30 pm
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Essential Utilities reported Q3 earnings of $0.25 per share, exceeding expectations but down from last year's $0.30.
The company exceeded earnings expectations, which is typically positive for stock prices. However, the earnings are lower compared to the previous year, which may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100