Reasons to Add Essential Utilities (WTRG) to Your Portfolio Now
WTRGEssential Utilities(WTRG) ZACKS·2024-07-09 00:02

Essential Utilities, Inc.’s (WTRG) rising earnings estimates and customer growth through strategic asset acquisitions make it a great investment in the utility sector. The increasing water demand is also likely to boost the company’s performance.Currently, the company carries a Zacks Rank #2 (Buy). Let’s look at the factors that are driving the stock.Growth ProjectionsThe Zacks Consensus Estimate for WTRG’s 2024 and 2025 earnings indicates year-over-year growth of 5.91% and 6.94%, respectively.The company’s ...