Essential Utilities Q2 FY26 GAAP EPS slips 2.63% to $0.37; revenue rises 3% to $530.9 million
Reuters2026/08/04 21:25Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Essential Utilities posted Q2 GAAP EPS of $0.37, down from $0.38 a year earlier; revenue rose 3% to $530.9 million.
- GAAP net income slipped to $105.7 million from $107.8 million; adjusted EPS (non-GAAP) was $0.38, excluding merger-related costs.
- Invested $662.2 million in infrastructure in the first six months; remained on track for $1.7 billion of regulated infrastructure investment in 2026.
- Regulators in Virginia and Ohio issued orders approving the pending merger with American Water; closing remains targeted for Q1 2027.
- Board lifted the quarterly dividend 5.25% to $0.3606 per share; reaffirmed 5%-7% long-term adjusted EPS CAGR through 2027 from 2024’s $1.97.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Essential Utilities Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608041630BIZWIRE_USPR_____20260803_BW594126) on August 04, 2026, and is solely responsible for the information contained therein.
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