earnings
confidence high
sentiment positive
materiality 0.65
RGC Resources Q2 net income $7.68M ($0.74 EPS), up 19% YoY on higher rates and cooler weather
RGC RESOURCES INC
2025-Q2 EPS
reported $1.26
vs consensus $0.02
▲ beat
(+6076.5%)
- Net income $7,676,208 ($0.74 per share) vs $6,443,390 ($0.63) in Q2 2024, a 19% increase.
- Utility margin rose 12% due to base rate hike effective July 2024 and colder January weather.
- MVP earnings declined to $801,175 from $1,229,384 as prior-year AFUDC ended with pipeline operation.
- First-half net income $12,945,897 ($1.26 per share) up 12.9% from $11,463,382 ($1.14) last year.
- Virginia SCC made permanent negotiated rates from the 2024 rate case in early April 2025.