Essential Utilities Inc. reports third-quarter net income of $92.1 million and earnings per share of $0.33

Reuters11-05
<a href="https://laohu8.com/S/WTRG">Essential Utilities</a> Inc. reports third-quarter net income of $92.1 million and earnings per share of $0.33

Essential Utilities Inc. reported net income of $92.1 million and earnings per share of $0.33 for the third quarter of 2025, compared to $69.4 million and $0.25 per share in the same period of 2024. The increase was driven by higher rates in both business segments and the absence of a prior year credit to bad debt expense, partially offset by higher depreciation, amortization, interest, and operations and maintenance expenses. The company expects to achieve GAAP earnings per share above its previous 2025 guidance range of $2.07-$2.11 due to non-recurring benefits and reaffirmed its long-term guidance. Essential invested $983 million in the first nine months of 2025 and is on track to invest $1.4 to $1.5 billion in infrastructure for the year. Key business developments include a $26 million investment in a major data center in Western Pennsylvania and an agreement to combine with American Water.

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: 20251104118283) on November 04, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment