Unitil Corp Q1 Profit Misses Estimates

Unitil Corp (UTL) revealed earnings for first quarter that missed the Street estimates.

The company's bottom line totaled $27.5 million, or $1.69 per share. This compares with $27.2 million, or $1.69 per share, last year.

Excluding items, Unitil Corp reported adjusted earnings of $28.4 million or $1.74 per share for the period.

Analysts on average had expected the company to earn $1.75 per share. Analysts' estimates typically exclude special items.

Unitil Corp earnings at a glance (GAAP) :

-Earnings: $27.5 Mln. vs. $27.2 Mln. last year.
-EPS: $1.69 vs. $1.69 last year.

by RTTNews Staff Writer

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