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GlobeNewsWire
1 month ago
Unitil Reports Third Quarter Earnings
HAMPTON, N.H., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) ( unitil.com ) today announced Net Income (Loss) of ($0.3) million, or ($0.02) in Earnings Per Share (EPS) for the third quarter of 2025, a decrease of $0.3 million in Net Income, or $0.02 in EPS, compared to the third quarter of 2024. For the nine months ended September 30, 2025, the Company reported Net Income of $31.2 million, or $1.89 in EPS, a decrease of $0.3 million in Net Income, or $0.07 in EPS, when compared to the first nine months of 2024. The Company's Adjusted Net Income (a non-GAAP financial measure1), which excluded transaction-related costs in connection with the acquisition of Bangor Natural Gas Company (Bangor), Maine Natural Gas Company (Maine Natural) and Aquarion Water Company of Massachusetts, Inc., Aquarion Water Company of New Hampshire, Inc., and Abenaki Water Co., Inc. (the Aquarion Companies), was $0.4 million for the third quarter of 2025, which is unchanged when compared to the third quarter of 2024, or $0.03 in EPS, an increase of $0.01 in EPS, compared to the third quarter of 2024. For the nine months ended September 30, 2025, the Company's Adjusted Net Income, which excluded transaction-related costs in connection with the acquisition of Bangor, Maine Natural and the Aquarion Companies, was $33.5 million, or $2.03 in EPS, an increase of $1.4 million, or $0.03 in EPS compared to the first nine months of 2024.