Essential Utilities, Inc. (WTRG) Tops Q2 EPS by 7c, Revenues Beat; Reaffirms FY20 EPS Guidance Above Consensus

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Go back to Essential Utilities, Inc. (WTRG) Tops Q2 EPS by 7c, Revenues Beat; Reaffirms FY20 EPS Guidance Above Consensus

Essential Utilities Reports Financial Results for Q2 2020

August 5, 2020 4:15 PM EDT

Earns $0.29 earnings per share; reaffirms annual earnings guidance
Strong residential water consumption offsets declines in other customer classes
Declares 7% dividend increase

BRYN MAWR, Pa.--(BUSINESS WIRE)-- Essential Utilities Inc. (NYSE: WTRG), formerly Aqua America Inc., today reported results for the second quarter ended June 30, 2020.

Company Highlights

Despite the considerable work to overcome challenges associated with the COVID-19 pandemic, Essential has remained focused on operational excellence, the integration of Peoples and advancing the DELCORA transaction process. With many customers... More