$WTRG · Essential Utilities, Inc.
Essential Utilities filed an 8-K (Item 2.02) reporting Q3 FY2026 results. GAAP EPS was $0.36 (net income $103.8M) versus $0.33 a year ago; adjusted EPS was $0.38, excluding $4.9M of American Water merger costs. Revenue rose 6.6% to $508.3M from $477.0M. Nine-month GAAP EPS was $1.53 versus $1.73 in 2025, with adjusted diluted EPS of $1.58.
- Q3 revenue $508.3M, up 6.6% from $477.0M a year ago.
- GAAP EPS $0.36 vs $0.33; adjusted EPS $0.38 excluding merger costs.
- Nine-month GAAP EPS $1.53 vs $1.73; adjusted diluted EPS $1.58.
- Invested $1.1B in infrastructure YTD, on track for $1.7B in 2026.
- Quarterly dividend of $0.3606 declared, payable Dec 1, 2026.
Stock is roughly flat, down 0.20% since filing at $44.13, suggesting the in-line results and pending merger were largely priced in.
Solid utility earnings plus a pending American Water merger closing in Q1 2027 make this a key read for water-sector investors.
The pending American Water merger would create one of the largest publicly traded water/wastewater utilities in the U.S., with Essential serving ~5.5M people across nine states.
Merger completion depends on remaining regulatory approvals and settlement reviews; forward-looking statements flag risks around EPA regulation changes and government policy shifts.