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Unitil Reports 2026 Third Quarter Earnings

$UTLPress releaseNov 2, 2026, 4:30 PM ETRead the release

Unitil reported a Q3 2026 GAAP net loss of ($1.5) million, or ($0.08) per share, a $1.2 million deterioration from the year-ago quarter, though Q3 losses are typical for this heating-season-weighted utility. For the first nine months of 2026, net income rose $5.2 million to $36.4 million ($2.02 EPS), with adjusted EPS of $2.12 up $0.09 year-over-year. Total Q3 operating revenue grew to $109.5 million from $101.1 million, driven by higher rates, customer growth, and contributions from the Maine Natural and Aquarion acquisitions.

Key figures

Revenue
109500000
Revenue Yoy
8.3%
Nine month eps
2.02
Water revenues q3
3100000
Nine month net income
36400000
Interest expense net q3
11000000
Nine month adjusted eps
2.12
Annualized dividend rate
1.9
Nine month total revenue
443400000
Interest expense yoy q3 increase
2100000

AI analysis

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