Essential Utilities IncWTRG
▲ PositiveCapitalrelevance
Q2 earnings beat, dividend raised, and reaffirmed growth outlook.
Impact on stocks 3
Climate Adaptation & Water
Essential Utilities Shares Up 5% Since Q2 Earnings Beat
EarningsCorporate Action
Essential Utilities reported second-quarter 2026 adjusted earnings of 38 cents per share, in line with estimates, while revenues of $530.9 million beat the consensus by 5.76%. The regulated water segment drove growth with revenues rising to $357.5 million, though natural gas revenues fell to $169.3 million. The company reaffirmed its 5% to 7% annual adjusted earnings growth outlook through 2027 and expects its merger with American Water to close in the first quarter of 2027. Essential also raised its quarterly dividend by 5.25% to 36.06 cents per share, payable September 1, 2026.
Essential Utilities IncQ2 earnings beat, dividend raised, and reaffirmed growth outlook.
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