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Essential Utilities Reports Financial Results for Full Year 2024

1. WTRG reported a 34% increase in Q4 net income YoY. 2. Full year net income rose by 17%, suggesting strong financial performance.

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FAQ

Why Bullish?

The significant increase in earnings indicates strong operational performance, similar to past quartiles when WTRG saw stock price appreciation following positive earnings reports.

How important is it?

Strong earnings are crucial for investor confidence and can lead to increased demand for WTRG shares.

Why Short Term?

Positive earnings results typically influence stock prices immediately; the effects may stabilize over time.

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BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today reported results for the fourth quarter and full year ended December 31, 2024. Essential's net income was $184.8 million or $0.67 per share for the fourth quarter of 2024, compared to $0.50 per share for the same period in 2023, an increase of 34%. Essential's net income was $595.3 million or $2.17 per share for the full year of 2024, compared to $1.86 for the prior year, an increase of 17%. The full year net income an.

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