Essential Utilities sees FY23 EPS $1.85-$1.90, consensus $1.90

The company states: "Through 2025, earnings per share will grow at a compounded annual growth rate of 5 to 7%, based off the midpoint of the company’s 2022 guidance range of $1.75-1.80 earnings per share. Through 2025, we will make regulated infrastructure investments of approximately $1.1 billion annually, weighted towards the regulated water segment; an increase of approximately $100 million annually from the current plan. Through 2025, the regulated water segment rate base will grow at a compounded annual growth rate of 6 to 7%. Through 2025, the regulated natural gas segment rate base will grow at a compounded annual growth rate of 8 to 10%."