05:02 PM EDT, 08/05/2024 (MT Newswires) -- Essential Utilities ( WTRG ) reported Q2 diluted earnings Monday of $0.28 per share, down from $0.34 a year earlier.

Three analysts surveyed by Capital IQ expected $0.35.

Revenue in the quarter ended June 30 fell to $434.4 million from $436.7 million a year earlier.

Two analysts polled by Capital IQ expected $444.7 million.

The company said it anticipated exceeding full-year earnings guidance of $1.96 to $2.00 a share after a gain on the sale of certain assets.

Analysts surveyed by Capital IQ expect $2.05.

Shares of the company fell 2.5% in after-hours trading.

Price: 39.55, Change: -1.01, Percent Change: -2.49