secwatch.observer — SEC 8-K summary
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Issuer:     Essential Utilities, Inc. (WTRG)
CIK:        0000078128
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0001552781-23-000062
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Essential Utilities reports record 2022 EPS $1.77, revenue $2.29B; guides 2023 EPS $1.85-$1.90
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- Full-year net income $465.2M ($1.77 EPS) vs $431.6M ($1.67 EPS) in 2021; revenue $2.29B (+21.8%).
- Record infrastructure investments of $1.06B in 2022; expects ~$1.1B annually through 2025.
- Closed three water/wastewater acquisitions adding $120M rate base and 23,000 customers; signed agreements for nine more systems (~219,000 customers, $380M purchase price).
- Board declared quarterly dividend $0.2870 per share, payable June 1, 2023; consecutive quarterly dividend for over 78 years.
- 2023 EPS guidance $1.85-$1.90; long-term EPS CAGR 5-7% through 2025; rate base growth 6-10% across segments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/78128/000155278123000062/0001552781-23-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/78128/000155278123000062/e23077_wtrg-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-23-000062

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