Increased Earnings Per Share
Earnings were $1.48 per share for the second quarter, an increase from $1.42 in the same period last year. Year-to-date earnings were $2.53 per share, up from $2.37.
Capital Investment and Acquisition Growth
Invested $1.3 billion in capital projects year-to-date. Announced new acquisition agreements, including Nexus Water Group systems, adding nearly 47,000 customer connections.
Regulatory Success
Achieved new rates effective in several states and filed new cases to reflect infrastructure investments. Successful regulatory outcomes in Missouri, Iowa, and Hawaii.
Strong Revenue Growth
Revenue increased by $0.50 per share year-over-year, driven by authorized rate increases and acquisitions.
Positive Guidance and Shareholder Returns
Narrowed 2025 EPS guidance to $5.70 to $5.75, expecting 8.6% EPS growth at midpoint. Affirmed long-term earnings and dividend growth targets of 7% to 9%.