Essential Utilities: Q4 Earnings Snapshot

Associated Press Finance
27 Feb

BRYN MAWR, Pa. (AP) — BRYN MAWR, Pa. (AP) — Essential Utilities, Inc. (WTRG) on Wednesday reported fourth-quarter earnings of $184.8 million.

The Bryn Mawr, Pennsylvania-based company said it had net income of 67 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share.

The water utility posted revenue of $604.4 million in the period.

For the year, the company reported profit of $595.3 million, or $2.17 per share. Revenue was reported as $2.09 billion.

Essential Utilities expects full-year earnings to be $2.07 to $2.11 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WTRG at https://www.zacks.com/ap/WTRG

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