Essential Utilities (NASDAQ:WTRG) Issues Quarterly Earnings Results, Meets Estimates

Essential Utilities (NASDAQ:WTRG) issued its quarterly earnings data on Wednesday. The company reported $0.34 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.34, Fidelity Earnings reports. The company had revenue of $226.04 million during the quarter, compared to the consensus estimate of $226.00 million. Essential Utilities updated its FY 2020
After-Hours guidance to 1.53-1.58 EPS and its FY20 guidance to $1.53 to $1.58 EPS.

NASDAQ WTRG traded down $3.97 on Thursday, hitting $46.34. The company’s stock had a trading volume of 1,457,869 shares, compared to its average volume of 1,214,374. Essential Utilities has a 1-year low of $34.79 and a 1-year high of $54.52.

The firm also recently declared a dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 14th will be given a $0.2343 dividend. The ex-dividend date of this dividend is Thursday, February 13th.

Essential Utilities Company Profile

Essential Utilities, Inc, through its subsidiaries, operates regulated utilities that provide water or wastewater services in the United States. It offers water services through operating and maintenance contracts with municipal authorities and other parties. The company also provides non-utility raw water supply services for firms in the natural gas drilling industry; and water and sewer line protection solutions, and repair services to households through third-party.

Featured Story: S&P 500 Index

Earnings History for Essential Utilities (NASDAQ:WTRG)

Receive News & Ratings for Essential Utilities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Essential Utilities and related companies with MarketBeat.com's FREE daily email newsletter.