UNITIL Corporation (UTL) Scheduled to Post Quarterly Earnings on Thursday

UNITIL Corporation (NYSE:UTL) is scheduled to issue its quarterly earnings data before the market opens on Thursday, October 26th. Analysts expect the company to announce earnings of $0.11 per share for the quarter.

UNITIL Corporation (NYSE:UTL) last released its earnings results on Thursday, July 27th. The utilities provider reported $0.23 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.02. The firm had revenue of $80.80 million for the quarter, compared to analyst estimates of $78.10 million. UNITIL Corporation had a return on equity of 9.88% and a net margin of 7.52%. During the same quarter last year, the firm posted $0.18 EPS. On average, analysts expect UNITIL Corporation to post $2.00 EPS for the current fiscal year and $2.14 EPS for the next fiscal year.

Shares of UNITIL Corporation (NYSE UTL) opened at 52.12 on Thursday. The firm has a 50-day moving average price of $50.19 and a 200-day moving average price of $48.88. UNITIL Corporation has a 12-month low of $38.43 and a 12-month high of $52.47. The firm has a market cap of $735.67 million, a price-to-earnings ratio of 25.05 and a beta of 0.21.

Several equities analysts have recently commented on the company. Zacks Investment Research raised UNITIL Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, September 6th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $47.00 target price on shares of UNITIL Corporation in a research report on Monday, September 18th. Finally, BidaskClub raised UNITIL Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, August 10th.

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UNITIL Corporation Company Profile

Unitil Corporation is a public utility holding company. The Company’s principal business is the local distribution of electricity in the southeastern seacoast and state capital regions of New Hampshire and the greater Fitchburg area of north central Massachusetts and the local distribution of natural gas in southeastern New Hampshire, portions of southern Maine to the Lewiston-Auburn area and in the greater Fitchburg area of north central Massachusetts.

Earnings History for UNITIL Corporation (NYSE:UTL)

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