Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Essential Utilities (DE:A2A)
FRANKFURT:A2A
Holding DE:A2A?
Track your performance easily
Earnings Data
Report Date
Feb 26, 2025After Close Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
€0.61Last Year’s EPS
€0.48Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 04, 2024
|% Change Since: -0.33%
|Next Earnings Date:Feb 26, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a balanced view with strong capital investment and financial performance, approval of significant rate cases, and successful recovery efforts following a hurricane. However, challenges in gas consumption due to warmer weather, regulatory appeals, and increased costs present notable concerns.Company Guidance
During the Essential Utilities Third Quarter 2024 Earnings Call, the company provided robust guidance, highlighting several key metrics and financial strategies. Essential Utilities reported an earnings per share (EPS) of $0.25 for the third quarter, surpassing expectations. They have invested $932.5 million up to the end of Q3 and plan to allocate between $1.3 billion and $1.4 billion for infrastructure improvements in water, wastewater, and natural gas within the year. The company's long-term guidance includes a projected EPS growth rate of 5% to 7% through 2027, excluding any earnings from the DELCORA acquisition. Additionally, the Pennsylvania Public Utilities Commission approved a gas rate case, resulting in a $93 million annualized revenue increase with a weather normalization mechanism in place. The company plans to invest $7.8 billion in infrastructure by 2029, with an anticipated rate base growth of over 8% combined for water and gas segments. Essential Utilities also noted that it expects to issue approximately $350 million in equity through its ATM program between 2024 and 2025 to support its growth initiatives.Strong Capital Investment and Financial Performance
Essential Utilities invested $932.5 million through the end of Q3 2024, with plans to spend $1.3 billion to $1.4 billion to improve infrastructure. Earnings per share for the quarter were $0.25, above expectations.
Approved Pennsylvania Gas Rate Case
The Pennsylvania PUC approved the first rate case for the company's natural gas segment, leading to an annualized revenue increase of $93 million and introduction of a weather normalization mechanism.
Reinstated Multiyear EPS Guidance
EPS is expected to grow at a compound annual growth rate of 5% to 7% through 2027, not including any earnings associated with the DELCORA transaction.
Successful Recovery from Hurricane Helene
The company rapidly restored services after Hurricane Helene, with 90 systems impacted but all but 6 back online within 5 days.
Water Rate Case Settlement
A settlement agreement for Aqua Pennsylvania rate case is expected to yield a $73 million annualized revenue increase.
---
DE:A2A Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
DE:A2A Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 04, 2024 | €35.06 | €35.12 | +0.17% |
| Aug 05, 2024 | €36.26 | €35.50 | -2.09% |
| May 02, 2024 | €33.43 | €33.98 | +1.63% |
| Feb 22, 2024 | €32.24 | €31.59 | -2.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Essential Utilities (DE:A2A) report earnings?
Essential Utilities (DE:A2A) is schdueled to report earning on Feb 26, 2025, After Close Not Confirmed.
What is Essential Utilities (DE:A2A) earnings time?
Essential Utilities (DE:A2A) earnings time is at Feb 26, 2025, After Close Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Essential Utilities stock?
The P/E ratio of Essential Utilities is 19.0.
What is DE:A2A EPS forecast?
DE:A2A EPS forecast for the fiscal quarter 2024 (Q4) is €0.61.
---