earnings
confidence high
sentiment neutral
materiality 0.65
Essential Utilities Q2 GAAP EPS $0.37, revenue up 3%; dividend raised 5.25%; merger on track for Q1 2027
Essential Utilities, Inc.
- Q2 2026 GAAP net income $105.7M ($0.37 EPS) vs $107.8M ($0.38 EPS) in Q2 2025; adjusted EPS $0.38.
- Revenue $530.9M, up 3% from $514.9M; regulated water revenue up 7.6% to $357.5M.
- Quarterly dividend increased 5.25% to $0.3606/share, payable Sept 1, 2026 to holders of record Aug 11, 2026.
- Merger with American Water received approvals from Virginia, Ohio, and Kentucky; expected close Q1 2027.
- Affirms 5-7% CAGR EPS growth from 2024 adjusted $1.97; on track for $1.7B infrastructure investment in 2026.