Unitil Reports Q3 Non-GAAP EPS of $0.62 and Revenue Miss
Unitil (UTL) reported third-quarter financial results featuring a Non-GAAP earnings per share (EPS) of $0.62. The company's revenue for the quarter reached $88.5 million, representing a 12.5% decline year-over-year and missing consensus estimates by $28.99 million. Looking ahead to the fourth quarter of 2026, Unitil provided an optimistic outlook with projected revenue between $94 million and $98 million, implying an 8% increase at the midpoint. The company also expects adjusted EBITDA to fall within the range of $15 million to $17 million, targeting a midpoint margin of 16.7%.
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