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To invest in Essential Utilities, shareholders need to believe in the company’s ability to deliver consistent, regulated water and gas services while navigating regulatory risk and executing on infrastructure investments. The recent earnings beat and increased guidance add support for near-term expectations, but the upward revision is based on non-recurring benefits and doesn’t materially change the key short-term catalyst: maintaining regulatory approval for rate hikes. The main risk remains exposure to rising infrastructure and compliance costs, which may pressure margins if not matched by permitted revenue growth.
Among recent announcements, Essential Utilities' raised full-year earnings guidance above the prior GAAP EPS range due to non-recurring items stands out. While this signals short-term earnings strength, the effect is temporary since it does not directly address the ongoing challenge of cost recovery for necessary infrastructure replacement, a persistent driver for future returns and margin stability.
However, investors should be aware that even as guidance climbs, exposure to rapidly escalating environmental compliance costs is still...
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Essential Utilities' outlook anticipates $2.7 billion in revenue and $732.2 million in earnings by 2028. This projection assumes a 5.1% annual revenue growth rate and an $86.4 million increase in earnings from the current $645.8 million.
Uncover how Essential Utilities' forecasts yield a $43.71 fair value, a 10% upside to its current price.
Five members of the Simply Wall St Community estimated Essential Utilities’ fair value between US$21.17 and US$43.71 per share. With rising infrastructure and compliance costs flagged as a major risk, you may want to compare different viewpoints as market participants weigh future margin pressures.
Explore 5 other fair value estimates on Essential Utilities - why the stock might be worth as much as 10% more than the current price!
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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