HighGravityDataEssential Utilities — May 12, 2025 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001552781-25-000176
Showing in the filing
Diluted earnings per share
“$2.07 to $2.11”
Period
FY2025
Measure
GAAP-tied
Source
Prose
All guidance in this release · 16
Diluted earnings per share for FY2025
“$2.07 to $2.11”
Quarterly cash dividend for FY2025
“$0.3255 per share”
Quarterly cash dividend
“$0.3255 per share of common stock”
Long-term earnings per share growth rate for the long term
“compounded annual growth rate of 5 to 7% from the adjusted 2024 earnings per share of $1.97 (Non-GAAP)”
Long-term earnings per share compounded annu… for the long term
“5 to 7%”
Regulated infrastructure investments for FY2025
“$1.4 to $1.5 billion”
Regulated infrastructure investments for FY2029
“approximately $7.8 billion”
Regulated water segment rate base compounded… for FY2029
“approximately 6%”
Regulated natural gas segment rate base comp… for FY2029
“approximately 11%”
Combined regulated utility rate base compoun… for FY2029
“over 8%”
Regulated water customer base (equivalent dw… for the long term
“between 2 and 3%”
Regulated natural gas customer base for FY2025
“stable”
Equity raise via ATM program for FY2027
“expects to raise equity via its ATM program”
Equity raised via ATM program for FY2025
“approximately $315 million”
Reduction of Scope 1 and Scope 2 greenhouse … for FY2035
“60%”
Multiyear plan for finished water PFAS compl… for the long term
“does not exceed the federal maximum contaminant level of the six EPA-regulated PFAS chemicals”
Exhibit 99.1 · the passage around this item
… earlier in the release
ies Reports Strong First Quarter 2025 Results,
2025 Guidance
and Long-Term Targets Affirmed
· Earnings
per share of $1.03 for Q1 2025 vs. $0.97 for Q1 2024
· 2025
earnings per share guidance range of $2.07 to $2.11 affirmed
· Long-term
targets also affirmed
· Invested
$270.5 million in the first three months of the year; on track to invest $1.4 to $1.5
Billion in infrastructure in 2025
· Closed
on acquisition of utility assets from the Village of Midvale, OH
BRYN MAWR, Pa. (May 12, 2025)
– Essential Utilities Inc. (NYSE: WTRG) today reported results for the first quarter ended March 31, 2025. Essential’s
net income of $283.8 million or $1.03 per share for the first quarter of 2025 compared favorably to $265.8 million or $0.97 per
share reported for the first quarter of 2024.
“We’re
off to a great start to the year,” said Essential Utilities Chairman and Chief Executive Officer Christopher Franklin. “Our
investments in infrastructure have set the stage for achieving our expected growth in 2025 and beyond. We are excited to also
announce that, for the third consecutive year, we have been named to USA Today’s annual list of Climate Leaders. We are
proud that our commitment to protecting and providing essential resources for life continues to be recognized”.
First Quarter 2025 Operating
Results
Essential reported net income
of $283.8 million and earnings
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.