---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-002803"
form_type: "8-K"
ticker: "RGCO"
cik: "0001069533"
company_name: "RGC RESOURCES INC"
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T21:24:33.289885+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# RGC Resources Q1 earnings fall to $0.33/share from $0.43, citing inflation and higher interest costs

## Summary
- Net income $3.26M ($0.33 diluted EPS) vs $3.58M ($0.43) in prior-year quarter.
- Utility margins improved but higher operating costs and interest expense weighed on earnings.
- Trailing twelve months underlying net income $0.93/share vs $1.08 in prior period.
- CEO cites inflationary environment and floating-rate debt interest as key drags.
- Quarterly results not indicative of full year due to seasonal winter earnings.

## SEC filing metadata
- accession: 0001437749-23-002803
- form_type: 8-K
- ticker: RGCO
- cik: 0001069533
- company_name: RGC RESOURCES INC
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069533/000143774923002803/0001437749-23-002803-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069533/000143774923002803/rgco20221209_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-002803
- JSON: https://secwatch.observer/filing/0001437749-23-002803.json
- Plain text: https://secwatch.observer/filing/0001437749-23-002803.txt

## Key facts
- Earnings Releases
  RGC RESOURCES INC reported the quarter ended December 31, 2022 results: net income $3,256,405, or $0.33, per share, EPS $0.33 per share.
  - Period: the quarter ended December 31, 2022
  - Net income: $3,256,405, or $0.33, per share
  - EPS: $0.33 per share
  - Result: reported results
  source text: RGC Resources, Inc. (NASDAQ: RGCO) announced consolidated Company earnings of $3,256,405, or $0.33, per share for the quarter ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069533/000143774923002803/0001437749-23-002803-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.