Essential Utilities

Essential Utilities posted Q2 2026 GAAP EPS of $0.37 and adjusted EPS of $0.38, with higher regulatory recoveries and water volumes offset by lower gas volumes, rising operating expenses, depreciation and interest. The company remains on track for a planned first-quarter 2027 closing of its merger with American Water, having secured approvals in several states and reached a settlement in Texas. Essential invested $662 million in H1 infrastructure and expects a record $1.7 billion for 2026, approved a 5.25% dividend increase, and plans acquisitions that could add about 200,000 customers for roughly $282 million. Management reaffirmed a 5–7% annual EPS growth target (using 2024 as baseline) and expects a low single-digit effective tax rate for the year, while noting ongoing regulatory proceedings and one-time items expected later in 2026. » More on finance.yahoo.com

Essential Utilities reported adjusted Q1 2026 EPS of $0.83, missing the $1.04 expectation, while revenue of $861.76 million exceeded the $751 million forecast by about 14.8%. Higher operating and maintenance costs, depreciation, and interest and merger-related expenses weighed on results; positive contributions came from regulatory reimbursements and customer growth. The company invested $269 million in capital expenditures and reconfirmed 2026 annual EPS growth of 5–7%; the planned merger with American Water is expected to close by Q1 2027. Investor reaction: the stock rose slightly in after-hours trading, up 0.56% to $37.70. » More on de.investing.com

Essential Utilities reported adjusted EPS of $0.83 for Q1 2026, well below analysts’ expectations, while revenue of $861.8 million exceeded forecasts. The earnings shortfall was driven by higher operating and maintenance costs, increased interest expense and the absence of favorable tax effects. The planned merger with American Water has already received approvals in several states and is expected to close by the end of Q1 2027. The company is leveraging its acquisition pipeline and extensive rate filings to support long‑term growth. Management reaffirmed a mid‑term EPS growth target of 5–7%, emphasized efficiency measures and highlighted the importance of successful regulatory outcomes for margin recovery. » More on de.investing.com