Unitil (UTL) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.\nThis quarterly report represents an earnings surprise of 200%. A quarter ago, it was expected that this utility would post earnings of $0.24 per share when it actually produced earnings of $0.30, delivering a surprise of 25%.\nOver the last four quarters, the company has surpassed consensus EPS estimates three times.\nUnitil, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $110.2 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 6.99%. This compares to year-ago revenues of $98.1 million. The company has topped consensus revenue estimates three times over the last four quarters.\nThe sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.\nUnitil shares have added about 14.6% since the beginning of the year versus the S&P 500's decline of -18.8%.\nWhat's Next for Unitil?\nWhile Unitil has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?\nThere are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.\nEmpirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.\nAhead of this earnings release, the estimate revisions trend for Unitil: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.\nIt will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.90 on $141 million in revenues for the coming quarter and $2.60 on $535 million in revenues for the current fiscal year.\nInvestors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the top 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.\nOne other stock from the same industry, NRG Energy (NRG), is yet to report results for the quarter ended September 2022. The results are expected to be released on November 7.\nThis power company is expected to post quarterly loss of $0.42 per share in its upcoming report, which represents a year-over-year change of -106.4%. The consensus EPS estimate for the quarter has been revised 237.5% higher over the last 30 days to the current level.\nNRG Energy's revenues are expected to be $6.38 billion, down 3.5% from the year-ago quarter.\nZacks Names "Single Best Pick to Double"\nFrom thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.\nIt’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.\nThis company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nUnitil Corporation (UTL): Free Stock Analysis Report\nNRG Energy, Inc. (NRG): Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research\nThe views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.