UTL

The recent earnings posted by Unitil Corporation (NYSE:UTL) were solid, but the stock didn't move as much as we expected. We believe that shareholders have noticed some concerning factors beyond the statutory profit numbers. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. One essential aspect of assessing earnings quality is to look at how much a company is diluting shareholders. Unitil expanded the number of shares on issue by 11% over the last year. That means its earnings are split among a greater number of shares. To talk about net income, without noticing earnings per share, is to be distracted by the big numbers while ignoring the smaller numbers that talk to per share value. Check out Unitil's historical EPS growth by clicking on this link. Unitil has improved its profit over the last three years, with an annualized gain of 26% in that time. And over the last 12 months, the company grew its profit by 18%. On the other hand, earnings per share are only up 10% in that time. So you can see that the dilution has had a bit of an impact on shareholders. In the long term, earnings per share growth should beget share price growth. So it will certainly be a positive for shareholders if Unitil can grow EPS persistently. But on the other hand, we'd be far less excited to learn profit (but not EPS) was improving. For the ordinary retail shareholder, EPS is a great measure to check your hypothetical "share" of the company's profit. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Unitil shareholders should keep in mind how many new shares it is issuing, because, dilution clearly has the power to severely impact shareholder returns. Because of this, we think that it may be that Unitil's statutory profits are better than its underlying earnings power. Nonetheless, it's still worth noting that its earnings per share have grown at 17% over the last three years. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. If you want to do dive deeper into Unitil, you'd also look into what risks it is currently facing. To help with this,...

Image source: The Motley Fool. Tuesday, May 5, 2026 at 2 p.m. ET Chairman and Chief Executive Officer — Tom Meissner Senior Vice President, Chief Financial Officer, and Treasurer — Daniel Hurstak President and Chief Administrative Officer — Bob Hevert Chief Accounting Officer and Controller — Todd Diggins Director of Investor Relations — Christopher Goulding Christopher Goulding: Good afternoon, and thank you for joining us to discuss Unitil Corporation's First Quarter 2026 Financial Results. Speaking on the call today will be Tom Meissner, Chairman and Chief Executive Officer; and Dan Hurstak, Senior Vice President, Chief Financial Officer and Treasurer. Also with us today are Bob Hevert, President and Chief Administrative Officer; and Todd Diggins, Chief Accounting Officer and Controller. We will discuss financial and other information on this call. As we mentioned in the press release announcing today's call, we have posted information, including a presentation to the Investors section of our website at unitil.com. We will refer to that information during this call. Moving to Slide 2. The comments made today about future operating results or events are forward-looking statements under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that can cause actual results to differ materially from those predicted. Statements made on this call should be considered together with cautionary statements and other information contained in our most recent annual report on Form 10-K and other documents we have filed with or furnished to the Securities and Exchange Commission. Forward-looking statements speak only as of today, and we assume no obligation to update them. This presentation contains non-GAAP financial measures. The accompanying supplemental information more fully describes these non-GAAP financial measures and includes a reconciliation to the nearest GAAP financial measures. The company believes these non-GAAP financial measures are useful in evaluating its performance. . With that, I will now turn the call over to Chairman and CEO, Tom Meissner. Tom Meissner: Great. Thanks, Chris. Good afternoon, everyone, and thanks for joining us today. I'll begin on Slide 3 where today, we announced adjusted net income, excluding transaction-related costs of $33.8 milli...

Adjusted EPS growth of 8% was primarily driven by higher distribution rates, customer growth, and the successful integration of Maine gas acquisitions. The company has achieved a dominant market position in Maine, now serving approximately 90% of all natural gas customers in the state following recent acquisitions. Integration of Bangor Natural Gas and Maine Natural Gas is substantially complete, with Unitil now providing most corporate services and realizing expected operational synergies. Performance was bolstered by a return to colder winter weather compared to the prior year, contributing $0.9 million to gas adjusted gross margin. Management attributes the successful scaling of operations to their seasoned, locally managed framework and the ability to leverage an experienced workforce across new territories. The company is currently earning its full authorized returns on a trailing 12-month basis, supported by a GAAP return on equity of 9.6%. Management reaffirmed 2026 guidance and long-term earnings growth of 5% to 7%, supported by a $1.2 billion five-year capital investment plan. A significant upcoming milestone involves establishing new cost-of-service rates for the acquired Maine gas entities, with filings expected in the first half of 2027. The company is transitioning its decoupling methodology in New Hampshire from a revenue-per-customer model to a total authorized revenue target to stabilize recovery. Future rate base growth is expected to exceed the upper end of the 6.5% to 8.5% range if the pending Aquarion water acquisition is successfully completed. Guidance for the remainder of 2026 accounts for the seasonal nature of utility earnings and the anticipated impact of new rate cases in New Hampshire and Maine. A $900,000 charge was recorded following a FERC order that retroactively reduced the return on equity for transmission assets from 10.57% to 9.57%. Management flagged conditions in a Massachusetts regulatory order regarding both a 'stay-out' period and the sale of Hingham assets as unacceptable risks that could prevent the inclusion of Massachusetts operations in the Aquarion transaction. The company will record approximately $1.7 million of pre-tax income in Q2 2026 due to a New Hampshire rate settlement that reconciled permanent rates back to the temporary rate effective date. Transaction-related costs are being excluded from adjusted ea...

Image source: The Motley Fool. Tuesday, August 5, 2025 at 2 p.m. ET Chairman and Chief Executive Officer — Thomas P. Meissner Senior Vice President, Chief Financial Officer, and Treasurer — Daniel J. Hurstak President and Chief Administrative Officer — Robert Hevert Chief Accounting Officer and Controller — Todd Diggins Need a quote from a Motley Fool analyst? Email [email protected] Christopher Goulding: Good afternoon, and thank you for joining us to discuss Unitil Corporation's Second Quarter 2025 financial results. Speaking on the call today will be Tom Meissner, Chairman and Chief Executive Officer; and Dan Hurstak, Senior Vice President, Chief Financial Officer and Treasurer. Also with us today are Bob Hevert, President and Chief Administrative Officer; and Todd Diggins, Chief Accounting Officer and Controller. We will discuss financial and other information on this call. As we mentioned in the press release announcing today's call, we have posted information including a presentation to the Investors section of our website at unitil.com. We will refer to that information during this call. Moving to Slide 2. The comments made today about future operating results or events are forward-looking statements under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that can cause actual results to differ materially from those predicted. Statements made on this call should be considered together with cautionary statements and other information contained in our most recent annual report on Form 10-K and other documents we have filed with or furnished to the Securities and Exchange Commission. Forward-looking statements speak only as of today, and we assume no obligation to update them. This presentation contains non-GAAP financial measures. The accompanying supplemental information more fully describes these non-GAAP financial measures and includes a reconciliation to the nearest GAAP financial measures. The company believes these non-GAAP financial measures are useful in evaluating its performance. With that, I'll now turn the call over to Chairman and CEO, Tom Meissner. Thomas P. Meissner: Great. Thank you, Chris, and good afternoon, everyone. Thank you for joining us today. I'm going to begin on Slide 3, where today, we announced adjusted net income of $4.7 millio...

Image source: The Motley Fool. Tuesday, February 10, 2026 at 2 p.m. ET Chairman and Chief Executive Officer — Tom Meissner Senior Vice President, Chief Financial Officer, and Treasurer — Daniel Hurstak President and Chief Administrative Officer — Bob Hevert Chief Accounting Officer and Controller — Todd Diggins Director of Investor Relations — Christopher Goulding Need a quote from a Motley Fool analyst? Email [email protected] Christopher Goulding: Good afternoon, and thank you for joining us to discuss Unitil Corporation's Fourth Quarter 2025 Financial Results. Speaking on the call today will be Tom Meissner, Chairman and Chief Executive Officer; and Dan Hurstak, Senior Vice President, Chief Financial Officer and Treasurer. Also with us today are Bob Hevert, President and Chief Administrative Officer; and Todd Diggins, Chief Accounting Officer and Controller. We will discuss financial and other information on this call. As we mentioned in the press release announcing today's call, we have posted information including a presentation to the Investors section of our website at unitil.com. We will refer to that information during this call. Moving to Slide 2. The comments made today about future operating results or events are forward-looking statements under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that can cause actual results to differ materially from those predicted. Statements made on this call should be considered together with cautionary statements and other information contained in our most recent annual report on Form 10-K and other documents we have filed with or furnished to the Securities and Exchange Commission. Forward-looking statements speak only as of today, and we assume no obligation to update them. This presentation contains non-GAAP financial measures. The accompanying supplemental information more fully describes these non-GAAP financial measures and includes a reconciliation to the nearest GAAP financial measures. The company believes these non-GAAP financial measures are useful in evaluating its performance. With that, I will now turn the call over to Chairman and CEO, Tom Meissner. Tom Meissner: Thank you, Chris, and good afternoon, everyone. Thank you for joining us today. Beginning on Slide 3, I'm pleased to report that 2025 was...

HAMPTON, N.H., May 04, 2026 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) today announced Net Income of $33.2 million, or $1.85 in Earnings Per Share (EPS) for the first quarter of 2026, an increase of $5.7 million in Net Income, or $0.16 in EPS, compared to the first quarter of 2025. The Company's Adjusted Net Income (a non-GAAP financial measure1), which excluded transaction-related costs in connection with the acquisitions of Bangor Natural Gas Company (Bangor), Maine Natural Gas Company (Maine Natural) and Aquarion Water Company of Massachusetts, Inc., Aquarion Water Company of New Hampshire, Inc., and Abenaki Water Co., Inc. (the Aquarion Companies), was $33.8 million, or $1.88 in EPS, for the first quarter of 2026, an increase of $5.4 million, or $0.14 in EPS, compared to the first quarter of 2025. “This quarter’s strong results reflect our company-wide focus on operational excellence and strategic execution” said Thomas P. Meissner, Jr., Unitil’s Chairman and Chief Executive Officer. “Our disciplined approach to investing in system reliability and growth, and our demonstrated ability to seamlessly integrate strategic acquisitions enables us to generate sustainable value for our customers and investors.” Electric GAAP Gross Margin was $21.3 million in the three months ended March 31, 2026, an increase of $1.7 million compared to the same period in 2025. The increase was driven by higher rates of $2.8 million, partially offset by higher depreciation and amortization expense of $0.4 million and a one-time reduction of Federal Energy Regulatory Commission (FERC) transmission revenue of $0.7 million. Electric Adjusted Gross Margin (a non-GAAP financial measure1) was $29.6 million in the first quarter of 2026, an increase of $2.1 million, compared to the same period in 2025. The increase reflects higher rates of $2.8 million partially offset by a one-time reduction of FERC transmission revenue of $0.7 million. Gas GAAP Gross Margin was $67.1 million in the three months ended March 31, 2026, an increase of $10.0 million compared to the same period in 2025. The increase was driven by higher rates and customer growth of $10.3 million, the favorable effects of colder winter weather in 2026 of $0.9 million, partially offset by higher depreciation and amortization of $1.2 million. Included in gas operating revenue, cost of gas sales and deprecia...

Image source: The Motley Fool. Tuesday, November 4, 2025 at 2 p.m. ET Chairman and Chief Executive Officer — Tom Meissner Senior Vice President, Chief Financial Officer and Treasurer — Daniel Hurstak President and Chief Administrative Officer — Bob Hevert Chief Accounting Officer and Controller — Todd Diggins Director of Investor Relations — Christopher Goulding Need a quote from a Motley Fool analyst? Email [email protected] Christopher Goulding: Good afternoon, and thank you for joining us to discuss Unitil Corporation's Third Quarter 2025 financial results. Speaking on the call today will be Tom Meissner, Chairman and Chief Executive Officer; and Dan Hurstak, Senior Vice President, Chief Financial Officer and Treasurer. Also with us today are Bob Hevert, President and Chief Administrative Officer; and Todd Diggins, Chief Accounting Officer and Controller. We will discuss financial and other information on this call. As we mentioned in the press release announcing today's call, we have posted information including a presentation to the Investors section of our website at unitil.com. We will refer to that information during this call. The comments made today about future operating results or events are forward-looking statements under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that can cause actual results to differ materially from those predicted. Statements made on this call should be considered together with cautionary statements and other information contained in our most recent annual report on Form 10-K and other documents we have filed with or furnished to the Securities and Exchange Commission. Forward-looking statements speak only as of today, and we assume no obligation to update them. This presentation contains non-GAAP financial measures. The accompanying supplemental information more fully describes these non-GAAP financial measures and includes a reconciliation to the nearest GAAP financial measures. The company believes these non-GAAP financial measures are useful in evaluating its performance. With that, I will now turn the call over to Chairman and CEO, Tom Meissner. Tom Meissner: Thank you, Chris. Good afternoon, everyone, and thank you for joining us today. I'm going to begin on Slide 3, where today, we announced adjusted net income, e...

HAMPTON, N.H. (AP) — HAMPTON, N.H. (AP) — Unitil Corp. (UTL) on Monday reported net income of $33.2 million in its first quarter. The Hampton, New Hampshire-based company said it had net income of $1.85 per share. Earnings, adjusted for non-recurring costs, came to $1.88 per share. The utility posted revenue of $216.9 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UTL at https://www.zacks.com/ap/UTL

Unitil (UTL) reported Q1 adjusted earnings late Monday of $1.88 per diluted share, up from $1.74 a y

This article first appeared on GuruFocus. Unitil Corp (NYSE:UTL) is set to release its Q1 2026 earnings on May 5, 2026. The consensus estimate for Q1 2026 revenue is $179.13 million, and the earnings are expected to come in at $1.63 per share. The full year 2026's revenue is expected to be $559.52 million and the earnings are expected to be $3.26 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 6 Warning Signs with UTL. Is UTL fairly valued? Test your thesis with our free DCF calculator. Over the past 90 days, revenue estimates for Unitil Corp (NYSE:UTL) have increased from $559.50 million to $559.52 million for the full year 2026, while for 2027, they have declined from $592.15 million to $583.13 million. Earnings estimates for Unitil Corp (NYSE:UTL) have increased from $3.07 per share to $3.26 per share for the full year 2026 and from $3.23 per share to $3.47 per share for 2027. In the previous quarter of December 31, 2025, Unitil Corp's (NYSE:UTL) actual revenue was $161.50 million, which beat analysts' revenue expectations of $142.90 million by 13.02%. Unitil Corp's (NYSE:UTL) actual earnings were $1.06 per share, which beat analysts' earnings expectations of $0.99 per share by 7.27%. After releasing the results, Unitil Corp (NYSE:UTL) was up by 0.42% in one day. Based on the one-year price targets offered by 2 analysts, the average target price for Unitil Corp (NYSE:UTL) is $56.50 with a high estimate of $57.00 and a low estimate of $56.00. The average target implies an upside of 8.97% from the current price of $51.85. Based on GuruFocus estimates, the estimated GF Value for Unitil Corp (NYSE:UTL) in one year is $50.58, suggesting a downside of -2.45% from the current price of $51.85. Based on the consensus recommendation from 2 brokerage firms, Unitil Corp's (NYSE:UTL) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

This article first appeared on GuruFocus. Unitil Corp (NYSE:UTL) is set to release its Q1 2026 earnings on May 4, 2026. The consensus estimate for Q1 2026 revenue is $179.13 million, and the earnings are expected to come in at $1.63 per share. The full year 2026's revenue is expected to be $559.52 million and the earnings are expected to be $3.26 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 6 Warning Signs with UTL. Is UTL fairly valued? Test your thesis with our free DCF calculator. Over the past 90 days, revenue estimates for Unitil Corp (NYSE:UTL) have increased slightly from $559.50 million to $559.52 million for the full year 2026, while for 2027, they have declined from $592.15 million to $583.13 million. Earnings estimates have shown a positive trend, increasing from $3.07 per share to $3.26 per share for the full year 2026 and from $3.23 per share to $3.47 per share for 2027. In the previous quarter ending on December 31, 2025, Unitil Corp's (NYSE:UTL) actual revenue was $161.50 million, which beat analysts' revenue expectations of $142.90 million by 13.02%. Unitil Corp's (NYSE:UTL) actual earnings were $1.06 per share, which beat analysts' earnings expectations of $0.99 per share by 7.27%. After releasing the results, Unitil Corp (NYSE:UTL) was up by 0.42% in one day. Based on the one-year price targets offered by 2 analysts, the average target price for Unitil Corp (NYSE:UTL) is $56.50, with a high estimate of $57.00 and a low estimate of $56.00. The average target implies an upside of 7.70% from the current price of $52.46. Based on GuruFocus estimates, the estimated GF Value for Unitil Corp (NYSE:UTL) in one year is $50.58, suggesting a downside of -3.58% from the current price of $52.46. Based on the consensus recommendation from 2 brokerage firms, Unitil Corp's (NYSE:UTL) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.