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Unitil Corp (UTL)
NYSE:UTL
Earnings Data
Report Date
Aug 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.29Last Year’s EPS
0.27Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: -11.88%
|Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with significant growth in adjusted net income and strategic acquisitions, although there were notable increases in operating and interest expenses.Company Guidance
During the first quarter of 2025, Unitil Corporation reported an adjusted net income of $28.4 million and adjusted earnings per share of $1.74, marking an increase of $1.2 million or $0.05 per share from the first quarter of 2024. The company is reaffirming its long-term guidance for earnings growth, dividend growth, and rate base growth. Unitil anticipates that recent acquisitions will support earnings growth towards the upper end of the 5% to 7% range over the next five years. The acquisitions, including Bangor Natural Gas and Maine Natural Gas, are expected to add approximately 15,000 customers and contribute to a customer growth rate of 4% to 5%. Additionally, the acquisition of three water utilities is projected to accelerate rate base growth to about 10% annually through 2029. The company continues to maintain strong credit metrics and liquidity, with a focus on effectively financing both core operations and acquisitions.Adjusted Net Income Increase
Unitil announced an adjusted net income of $28.4 million and adjusted earnings per share of $1.74 for Q1 2025, representing an increase of $1.2 million or $0.05 per share compared to Q1 2024.
Acquisition Expansions
Completed the acquisition of Bangor Natural Gas and announced agreements to acquire Maine Natural Gas and three water utilities, supporting long-term rate base and earnings growth.
Gas Adjusted Gross Margin Growth
Gas adjusted gross margin was $70.9 million for Q1 2025, an increase of $9.9 million or approximately 16.2% compared to Q1 2024, driven by higher distribution rates and customer growth.
Electric Customer Growth
Added approximately 970 electric customers compared to Q1 2024, contributing to a 1.5% increase in Electric adjusted gross margin.
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 |
|---|---|---|---|
May 06, 2025 | $59.26 | $57.24 | -3.41% |
Feb 10, 2025 | $53.90 | $55.24 | +2.49% |
Nov 04, 2024 | $55.42 | $55.09 | -0.60% |
Aug 06, 2024 | $57.59 | $55.62 | -3.42% |
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 Aug 05, 2025, TBA Not Confirmed.
What is Unitil Corp (UTL) earnings time?
Unitil Corp (UTL) earnings time is at Aug 05, 2025, TBA Not 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 2025 (Q2) is 0.29.