---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-23-000259"
form_type: "8-K"
ticker: "WTRG"
cik: "0000078128"
company_name: "Essential Utilities, Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T10:54:11.651607+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Essential Utilities Q1 EPS $0.72; revenue up 3.9% to $726.5M; reaffirms FY23 EPS guidance $1.85-$1.90

## Summary
- Net income $191.4M ($0.72 EPS); revenue $726.5M (+3.9% YoY) on water segment growth offset by warm weather gas volume drop.
- Regulated water revenue $267.3M (+11.7%), gas revenue $441.3M (-0.9%); Opex down 3.2% to $138.0M.
- Dividend $0.2870/share declared Feb 22, payable June 1; 78th consecutive year of quarterly dividends.
- Acquisition pipeline: signed deals for nine systems (~219K customers, >$380M total), including DELCORA ($276.5M).
- Capex $243.7M in Q1; reaffirms $1.1B annual capex through 2025 and long-term EPS growth 5-7% CAGR.

## SEC filing metadata
- accession: 0001552781-23-000259
- form_type: 8-K
- ticker: WTRG
- cik: 0000078128
- company_name: Essential Utilities, Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/78128/000155278123000259/0001552781-23-000259-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/78128/000155278123000259/e23257_wtrg-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-23-000259
- JSON: https://secwatch.observer/filing/0001552781-23-000259.json
- Plain text: https://secwatch.observer/filing/0001552781-23-000259.txt

## Key facts
- Earnings Releases
  Essential Utilities, Inc. reported first quarter ended March 31, 2023 results: revenue Revenues for the quarter were $726.5 million compared to $699.3 million in the first quarter of 2022, net income Essential reported net income of $191.4 million, EPS earnings per share of $0.72. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2023
  - Revenue: Revenues for the quarter were $726.5 million compared to $699.3 million in the first quarter of 2022
  - Net income: Essential reported net income of $191.4 million
  - EPS: earnings per share of $0.72
  - Guidance: reaffirmed
  - Result: reported results
  source text: Essential Utilities Reports Financial Results for Q1 2023 Earnings per share of $0.72; Company reaffirms annual guidance BRYN MAWR, PA (May 8, 2023) – Essential Utilities Inc. (NYSE: WTRG) today reported results for the first quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/78128/000155278123000259/0001552781-23-000259-index.htm

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