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Unitil Reports First Quarter Earnings
UNITIL CorporationMay 4, 2021 GMT
HAMPTON, N.H., May 04, 2021 (GLOBE NEWSWIRE) Unitil Corporation (the “Company”) (NYSE: UTL) (www.unitil.com) today announced Net Income of $18.9 million, or $1.26 in Earnings Per Share (EPS), for the first quarter of 2021, an increase of $3.7 million in Net Income, or $0.24 per share, compared to the first quarter of 2020. The Company’s earnings in 2021 reflect higher Gas and Electric Adjusted Gross Margins (a non-GAAP measure). The Company’s GAAP Gas and Electric Gross Margins for the first quarter of 2021 were $39.6 million and $17.2 million, respectively.
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