earnings
confidence high
sentiment positive
materiality 0.95
Essential Q3 net income $92.1M, EPS $0.33; guides above prior; announces American Water merger
Essential Utilities, Inc.
2025-Q3 EPS reported
$1.73
revenue$1,775,504,000
- Q3 net income $92.1M ($0.33 EPS) vs $69.4M ($0.25); revenue $477.0M, +9.6% YoY.
- 2025 GAAP EPS expected above prior $2.07-$2.11 range due to non-recurring benefits; long-term 5-7% CAGR reaffirmed.
- Announced all-stock merger with American Water; pro forma mkt cap ~$40B, EV ~$63B; close expected Q1 2027.
- Invested $983M YTD; on track for $1.4-1.5B in 2025; also announced $26M data center water plant investment.