Unitil Corp (UTL)
NYSE:UTL
Earnings Data
Report Date
May 05, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.78Last Year’s EPS
1.74Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a predominantly positive picture: solid 2025 financial results with adjusted EPS up 6.4%, constructive 2026 guidance (+6.1% at midpoint), accretive Maine gas acquisitions that add customers and recurring revenue, strong operational metrics and a 20% expansion of the capital plan to support growth. Headwinds include higher O&M (+$14.9M), increased depreciation (+$12.6M) and interest expense (+$7.4M) tied to recent acquisitions, transaction-related one-time costs, and regulatory/timing risks associated with rate cases and a non-decoupled Maine service area. Overall, the positive drivers (earnings growth, acquisitions, margin expansion, dividend increase and strong reliability/satisfaction metrics) outweigh the manageable cost and regulatory challenges.Company Guidance
Full-Year Adjusted Earnings Increase
Adjusted net income of $53.3 million and adjusted EPS of $3.16 for 2025, up $0.19 per share or 6.4% versus 2024; places results in the upper half of long-term 5%–7% guidance.
Positive 2026 Earnings Guidance
2026 guidance of $3.20 to $3.36 per share with a midpoint of $3.28, representing a 6.1% increase at the midpoint versus the midpoint of 2025 guidance.
Strategic Maine Gas Acquisitions and Customer Growth
Completed acquisitions of Bangor Natural Gas and Maine Natural Gas in 2025, adding over 15,000 customers (company added ~15,900 gas customers year-over-year) and expected to contribute approximately $29 million of annual distribution revenues and ~$18 million of planned capital investment in 2026; historical customer growth for the acquired companies ~4%–5% annually.
Strong Gross Margin Performance
Gas adjusted gross margin of $199.1 million, up $32.2 million versus 2024; Electric adjusted gross margin of $114.6 million, up $7.3 million versus 2024; combined adjusted gross margin increased $39.5 million year-over-year.
Operational Excellence and High Customer Satisfaction
Electric reliability in the top quartile: 16% less interruption time than New England peers and 32% less than national average; gas emergency response ranked among the best nationally; 87% overall customer satisfaction and highest customer trust score among Northeastern peers.
Expanded Capital Plan and Rate Base Growth
Updated 5-year capital investment plan through 2030 totaling approximately $1.2 billion, a $200 million (20%) increase versus prior plan; rate base of ~$1.3 billion at year-end 2025, up approximately $200 million versus 2024; 5-year historical rate base growth averaged 8.1% (near upper end of 6.5%–8.5% guidance).
Dividend Increase and Strong Balance Sheet
Board approved a quarterly dividend increase of $0.025 per share (annualized dividend $1.90 for 2026), a 5.6% increase versus 2025; management emphasized maintaining investment-grade credit metrics and using operating cash flow as primary financing source.
Electric Customer Additions and Rate Adjustments
Company added approximately 600 electric customers in 2025; New Hampshire temporary rate award of $7.8 million took effect July 1, 2025, supporting electric margins and cash flow while permanent rate case proceeds through regulatory review.
UTL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
UTL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 09, 2026 | $50.31 | $50.52 | +0.43% |
Nov 03, 2025 | $48.19 | $47.84 | -0.73% |
Aug 04, 2025 | $50.70 | $47.66 | -6.00% |
May 06, 2025 | $57.64 | $55.67 | -3.41% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Unitil Corp (UTL) report earnings?
Unitil Corp (UTL) is schdueled to report earning on May 05, 2026, Before Open (Confirmed).
What is Unitil Corp (UTL) earnings time?
Unitil Corp (UTL) earnings time is at May 05, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UTL EPS forecast?
UTL EPS forecast for the fiscal quarter 2026 (Q1) is 1.78.