Essential Utilities (WTRG) Stock

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) is excited to mark the 50th anniversary of the Safe Drinking Water Act, an important law that helps keep public health safe. To celebrate this achievement, Essential, through its water utility Aqua, is enhancing its commitment to maintaining water quality. "For the last fifty years, the Safe Drinking Water Act has been essential for ensuring safe drinking water," stated Christopher Franklin, chairman and CEO of Essential Utilities.

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) plans to announce its financial results for the entire year of 2024 after the market closes on February 26, 2025. A conference call with financial analysts is scheduled for Thursday, February 27, 2025, at 11 a.m. Eastern Standard Time. People can listen to the call and view the presentation live online by visiting Essential.co and clicking on the Investors link.

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) has revealed that it raised over $770,000 during its United Way campaign for 2024-2025. This amount came from individual donations made by employees from its Aqua and Peoples Natural Gas divisions, along with a matching contribution from the Essential Foundation. The funds will be given to the United Way of Greater Philadelphia and Southern New Jersey, which is organizing the campaign.

Essential Utilities has a solid regulatory standing and a $7.8 billion investment plan that will help boost long-term earnings and provide steady returns for shareholders. In the latest quarter, the company saw a 5.8% increase in revenue compared to last year, mainly due to higher water sales and regulatory recoveries, with earnings per share slightly exceeding expectations. Additionally, the company is focused on increasing dividends, currently offering a forward yield of over 3.25%, and its stock valuation is still attractive compared to recent averages.

Essential Utilities, Inc. (NYSE:WTRG) will hold its Q3 2024 Earnings Conference Call on November 5, 2024, at 11:00 AM ET. The call will feature company representatives including Brian Dingerdissen, Christopher Franklin, and Daniel Schuller, along with participants from various financial firms. The operator for the call is Ellie, who will assist throughout the session.

WTRG's earnings for the third quarter are higher than expected. The company is still putting money into improving its water and natural gas systems.

Essential Utilities (WTRG) reported quarterly earnings of $0.25 per share, which is higher than the Zacks Consensus Estimate of $0.23 per share. In comparison, the company earned $0.30 per share during the same period last year.

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities (NYSE: WTRG) has been named a Champion of Board Diversity by The Forum of Executive Women for the sixth time since 2017. It is one of 46 companies in the Greater Philadelphia area acknowledged for promoting gender equality. Each year, The Forum reviews the leadership of the top 100 public companies in the region and honors those with at least 30 percent of their board members being women.

In the realm of dividend growth stocks, water utilities frequently emerge as top performers. Essential Utilities is on track for a long-term annual adjusted diluted EPS growth of 5% to 7%. The company aims for a cautious debt-to-capital ratio and has a strong interest coverage ratio.