UTL Earnings Prediction
The chart below shows how UTL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, UTL sees a -1.12% change in stock price 10 days leading up to the earnings, and a +1.55% change 10 days following the report. On the earnings day itself, the stock moves by -0.28%. This data can give you a slight idea of what to expect for the next quarter's release.
UTL Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
92.90M
-10.59%
-2.93%
Gross Margin
36.49%
9.58%
-8.34%
Operating Margin
6.24%
-18.96%
-51.85%
Net Margin
0.00%
-100.00%
-100.00%
EPS
0.00
-100.00%
-100.00%
No Data Available
UTL Earnings Analysis
Unitil Corporation Corporation (UTL.N) Earnings Conference Call
Positive
Net Income Increase: Net income for the first nine months of the year was $31.5 million, or $1.96 per share, representing an increase of $0.11 per share over the same period in 2023.
Strong Operational Performance: Adjusted net income was $32.1 million, or $2 per share, for the first nine months of the year, reflecting strong operational performance.
Electric Gross Margin Increase: Electric adjusted gross margin was $81.7 million for the nine months ended September 30, 2024, an increase of $1.6 million compared to the same period of 2023.
Gas Margin Increase: Gas adjusted gross margin was $115.6 million for the nine months ended September 30, 2024, an increase of $9.2 million compared to the same period in 2023.
Customer Growth Increase: The company added approximately 1,100 new electric customers compared to the same period in 2023, reflecting customer growth.
Negative
Net Income Growth Analysis: Net income for the first nine months of the year was $31.5 million, or $1.96 per share, representing an increase of only $0.11 per share compared to the same period in 2023, indicating limited growth.
Decline in Adjusted Net Income: Adjusted net income was $0.02 per share in the third quarter, significantly lower than the $2 per share for the first nine months of the year, reflecting a decline in profitability.
Rising Operating Expenses: Operating and maintenance expenses increased by $1.1 million, reflecting higher labor costs and utility operating costs, which could pressure future margins.
Rising Depreciation Costs: Depreciation and amortization increased by $5.1 million, indicating rising costs associated with utility plant and service, which may impact overall profitability.
Rising Interest Expense: Interest expense increased by $1 million, reflecting higher interest rates on short-term borrowings and elevated levels of long-term debt, which could strain financial performance.
UTL FAQs
How does UTL typically perform around its earnings report dates?
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UTL Earning Call Sentiment
Unitil Corporation (UTL) Q3 2024 Earnings Conference Call Transcript
1.0x
00:00
00:00
UTL.N
0.12%Positive
The earnings call presents a mixed outlook. While there are positives such as long-term earnings growth, increased net income, and a strong capital investment plan, there are notable risks including regulatory uncertainties, increased expenses, and competitive pressures. The Q&A session revealed some vagueness in management's responses, which may lead to investor caution. Overall, these factors balance out, suggesting a neutral stock price movement in the short term.
