A Preview Of Essential Utilities's Earnings

Essential Utilities (NYSE:WTRG) unveils its next round of earnings this Wednesday, August 04. Here is Benzinga's everything-that-matters guide for the earnings announcement.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Analysts predict Essential Utilities will report earnings of $0.26 per share on revenue of $373.36 million. In the same quarter last year, Essential Utilities announced EPS of $0.29 on revenue of $384.47 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

If the company were to match the consensus estimate when it reports Wednesday, EPS would have fallen 10.34%. Revenue would have fallen 2.89% from the same quarter last year. Here is how the company's EPS has stacked up against analyst estimates in the past:

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Over the last 52-week period, shares are up 11.39%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Essential Utilities is scheduled to hold the call at 11:00:00 ET and can be accessed here.

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