Overview

* Unitil ( UTL ) Q3 revenue beats analyst expectations, driven by higher rates and customer growth

* Adjusted EPS for Q3 beats consensus, reflecting strategic execution and customer growth

* Company reports Q3 net loss, with EPS decreasing by $0.02 compared to last year

Outlook

* Company did not provide specific future guidance

Result Drivers

* HIGHER RATES AND CUSTOMER GROWTH - Electric and gas gross margins increased due to higher rates and customer growth, partially offset by higher depreciation and amortization expenses

* ACQUISITIONS - The acquisition of Bangor Natural Gas Company and Maine Natural Gas Company contributed to increased gas revenues and margins

* INCREASED O&M EXPENSES - Operation and maintenance expenses rose due to higher utility operating costs and acquisition-related expenses

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $101.10 $100.40

Revenue mln mln (2

Analysts

)

Q3 Beat $0.03 -$0.07

Adjusted (2

EPS Analysts

)

Q3 EPS -$0.02

Q3 Net -$300,00

Income 0

Analyst Coverage

* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the multiline utilities peer group is "buy."

* Wall Street's median 12-month price target for Unitil Corp ( UTL ) is $59.00, about 17.4% above its October 31 closing price of $48.75

* The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)