earnings
confidence high
sentiment negative
materiality 0.60
RGC Resources Q1 earnings fall to $0.47/share; files rate case for $4.3M
RGC RESOURCES INC
2026-Q1 EPS reported
$0.47
revenue$30,260,468
- Net earnings $4.9M ($0.47/share) vs $5.3M ($0.51/share) prior-year Q1, down 7.5%.
- Higher personnel, IT, property taxes and depreciation drove decrease, partially offset by lower interest expense.
- Filed rate case in Dec 2025 seeking $4.3M additional annualized revenue; interim rates effective Jan 1, 2026.
- CEO Nester cited steady customer growth, colder temperatures but not sustained cold like last year.