Essential Utilities Inc. (WTRG) reported second-quarter 2025 operating earnings per share (EPS) of 38 cents, surpassing the Zacks Consensus Estimate of 29 cents by 31%. This represents a 35.7% year-over-year increase, driven by higher rates across its business segments. The company’s operating revenues reached $515 million, exceeding the consensus estimate of $473 million by 8.8% and reflecting an 18.7% rise from the previous year.
In the regulated water segment, revenues were $332.3 million, a 9.9% increase from $302.5 million a year earlier. The regulated natural gas segment saw a 38.3% rise in revenues to $177.3 million, up from $128.2 million, primarily due to increased purchased gas costs and higher rates. Essential Utilities declared a quarterly cash dividend of 34.26 cents per share, a 5.25% increase, payable on September 2, 2025, to shareholders of record as of August 12, 2025.
Looking ahead, Essential Utilities reaffirmed its 2025 EPS guidance in the range of $2.07-$2.11, with a consensus estimate at $2.10. The company plans to invest $1.4-$1.5 billion in infrastructure in 2025 and $7.8 billion from 2025-2029 to enhance its water and natural gas systems.
