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Unitil Shares Fall After Utility Reports Q2 Results
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Unitil Shares Fall After Utility Reports Q2 Results
Aug 6, 2024 7:37 AM

10:26 AM EDT, 08/06/2024 (MT Newswires) -- Unitil ( UTL ) shares fell 1.4% in recent Tuesday trading after the utility holding company posted a Q2 earnings miss and lower operating revenue.

Earnings rose to $0.27 a share from $0.25 a year earlier, the company said Tuesday.

Two analysts polled by Capital IQ expected $0.29.

Total operating revenue in the quarter ended June 30 fell to $95.7 million from $103.4 million a year earlier.

A single analyst surveyed by Capital IQ expected $94 million.

Price: 58.56, Change: -0.85, Percent Change: -1.44

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