Essential Utilities Inc
WTRG: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$42.00 | Jxrbzt | Thnzxwmd |
Essential Utilities Earnings: Capital Investments Driving Growth; Dividend Growth Record Extended
We reaffirm our $42 per share fair value estimate for Essential Utilities after the company reported earning $0.34 per share during the second quarter, up from $0.31 during the second quarter of 2022. Essential remains on track to meet our full-year outlook. We also reaffirm our narrow moat rating.