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Stock impact report

Unitil Reports Year-End Earnings

UNITIL Corporation (UTL) 
Last unitil corporation earnings: 4/30 06:45 am Check Earnings Report
Company Research Source: GlobeNewswire
HAMPTON, N.H., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) today announced Net Income of $45.2 million, or $2.82 in Earnings Per Share (EPS), for the year ended December 31, 2023, an increase of $3.8 million in Net Income, or $0.23 in EPS, compared to 2022. The Company’s 2023 Electric and Gas GAAP Gross Margins were $78.1 million and $114.1 million, respectively. “We delivered strong financial and operating results in 2023 by executing on our strategies, and focusing on operational excellence and best-in-class service,” said Thomas P. Meissner, Jr., Unitil’s Chairman and Chief Executive Officer. “As we head into 2024, we remain focused on the issues that matter most — safety, reliability, affordability and financial discipline. We believe that by doing so, we will continue to create long-term sustainable value for all stakeholders.” Electric GAAP Gross Margin was $78.1 million in 2023, an increase of $4.7 million compared to 2022. The increase was Show less Read more
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