EarningsQ2 2026 Earnings Report
CH:A2A Q2 2026 EPS Results
Actual EPSCHF0.32
Consensus EPSCHF0.31
Beat/MissBeat by +<CHF0.01
One Year Ago EPSCHF0.32
CH:A2A Q2 2026 Revenue Results
Actual RevenueCHF440.25M
Expected RevenueCHF446.92M
Beat/MissMissed by -CHF6.67M
YoY Revenue Growth+3.10%
Earnings Announcement Details
QuarterQ2 2026
Date08/04/2026
TimeAfter Close
Conference CallTuesday, August 4, 2026
CH:A2A Upcoming Earnings
Essential Utilities's next earnings date is estimated for November 9, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
CH:A2A Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a generally positive operational and strategic picture: merger integration is progressing, capital investment is strong with a record-year plan, rate case progress is delivering material annualized revenue, acquisitions and a sizable BD pipeline are in place, and the dividend was increased. Offsetting these positives are modest near-term earnings pressure (GAAP EPS down $0.01 year-over-year), O&M increases driven by labor and medical costs, higher depreciation/interest reducing EPS, regulatory scrutiny in Pennsylvania and some transactional timing risks (DELCORA). On balance the company reaffirmed its 5%–7% EPS growth target and highlighted constructive regulatory and integration progress, leading to a net constructive tone.Company Guidance
Merger Progress and Integration
Received regulatory approvals in Kentucky, Ohio and Virginia; settlement in principle in Texas; New Jersey public hearings scheduled for August; Illinois process on statutory timeline finishing by November; negotiations and evidentiary hearings ongoing in Pennsylvania. Integration work between Essential and American Water is progressing well with strong collaboration; management continues to expect merger close in Q1 2027.
Earnings and Guidance Reaffirmed
Reported GAAP EPS of $0.37 and non-GAAP EPS of $0.38 for Q2 2026 (adjusted for ~$0.01 of merger-related costs). Company reaffirmed multi-year normalized EPS growth target of 5%–7% using adjusted 2024 EPS of $1.97 as the baseline.
Record Capital Investment Plan
Year-to-date capital invested of $662 million and on track for a record $1.7 billion of infrastructure investment in 2026 to improve regulated water and natural gas systems.
Rate Case Progress and Regulatory Recoveries
Finalized rate cases/surcharges representing $56.6 million of annualized revenue year-to-date; approximately 78% from water/wastewater. Water/wastewater pending requests total ~$79.7 million in annualized increases; gas base rate case pending in Pennsylvania for $163.2 million to support infrastructure investments. EPS benefited from $0.06 of regulatory recoveries and surcharges this quarter.
Acquisitions and Business Development Pipeline
Completed acquisition of Integra Water LLC for $4.9 million, adding ~1,100 customers. Including signed purchase agreements expected to close in 2026, adding ~200,000 customers for ~$282 million (includes DELCORA). Pipeline of potential municipal water/wastewater acquisitions stands at ~400,000 customers.
Shareholder Returns Maintained and Increased
Board approved a 5.25% increase in quarterly cash dividend; company highlighted an 80-year track record of consecutive quarterly cash dividends and a target payout ratio between 60%–65%.
Expense Offsets and Favorable Tax Outlook
O&M reductions included a $4.9 million insurance recovery, $2.4 million decrease in gas bad debt, and $1.5 million decrease in customer assistance surcharge costs (revenue offset). Management expects low single-digit effective tax rate for the full year and anticipates a beneficial one-time item referenced in the S-4 later this year.
CH:A2A Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed