Consensus estimates for the third quarter place revenue at approximately $113.11 million with a seasonal net loss of $0.06 per share, as the stock trades near $55.15 against a consensus price target of $58.67.
Investors are primarily focused on the company's natural gas and electric customer additions following strong customer-driven growth reported in the first half of the year.
Management recently transitioned from bridge financing to long-term notes to fund its multi-year $980 million capital investment plan through 2029.
Shareholders will also evaluate the impact of rising energy costs and recent water utility acquisitions on operating margins during this typically weaker seasonal quarter.