Essential Utilities Q2 2021 Earnings Report
Key Takeaways
Essential Utilities reported net income of $80.9 million for the second quarter 2021, an 8.4% increase compared to $74.6 million reported for the same quarter 2020. Earnings per share were $0.32 for the quarter compared to $0.29 per share for the second quarter 2020. The company reaffirmed its 2021 earnings guidance range of $1.64 to $1.69 per share.
Net income increased by 8.4% to $80.9 million for the second quarter 2021.
Earnings per share were $0.32 for the quarter, compared to $0.29 per share for the second quarter 2020.
Revenues for the quarter were $397.0 million, an increase of 3.3% compared to $384.5 million in the second quarter of 2020.
The company reaffirms its 2021 earnings guidance range of $1.64 to $1.69 per share.
Essential Utilities
Essential Utilities
Forward Guidance
Essential continues to monitor the effects of the COVID-19 pandemic on its customers, employees and the business and will update guidance impacts from the pandemic in the future if needed. The following is the company’s 2021 full-year guidance.