---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-23-000431"
form_type: "8-K"
ticker: "WTRG"
cik: "0000078128"
company_name: "Essential Utilities, Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T18:16:48.678961+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Essential Utilities Q3 net income $80.1M, EPS $0.30; reaffirms 2023 guidance

## Summary
- Net income of $80.1M ($0.30 EPS) vs $68.6M ($0.26) in Q3 2022; revenues $411.3M down from $434.6M.
- Reaffirms 2023 EPS guidance of $1.85-$1.90 and long-term 5-7% CAGR through 2025.
- Completed $300M ATM equity issuance and $225M Aqua PA bond issuance in Q3; proceeds used for acquisitions and capex.
- Signed agreements to acquire wastewater systems serving ~211k EDUs for ~$354M, including DELCORA.
- Completed sale of WV gas assets; $165M binding agreement to sell microgrid projects; proceeds to fund capex.

## SEC filing metadata
- accession: 0001552781-23-000431
- form_type: 8-K
- ticker: WTRG
- cik: 0000078128
- company_name: Essential Utilities, Inc.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/78128/000155278123000431/0001552781-23-000431-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/78128/000155278123000431/e23440_wtrg-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-23-000431
- JSON: https://secwatch.observer/filing/0001552781-23-000431.json
- Plain text: https://secwatch.observer/filing/0001552781-23-000431.txt

## Key facts
- Earnings Releases
  Essential Utilities, Inc. reported the third quarter ended September 30, 2023 results: revenue $411.3 million, net income $80.1 million, EPS $0.30. Guidance reaffirmed.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $411.3 million
  - Net income: $80.1 million
  - EPS: $0.30
  - Guidance: reaffirmed
  - Result: reported results
  source text: esults for Q3 2023 Earnings per share of $0.30 Reaffirms annual guidance Publishes 2022 ESG report, highlighting strong progress on commitments and targets BRYN MAWR, PA (November
  evidence_url: https://www.sec.gov/Archives/edgar/data/78128/000155278123000431/0001552781-23-000431-index.htm

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