The earnings call reflects a balanced outlook for United Utilities, with strong operational achievements and a stable financial position. However, challenges with regulatory ratings and the need for a national social tariff to address affordability were highlighted. The company is proactive in addressing these challenges and exploring growth opportunities through innovation and strategic engagements.

Company Guidance

In the recent call, United Utilities provided detailed guidance on their fiscal '26 interim results, highlighting several key metrics and future expectations. The company emphasized ongoing conversations with regulators about reopeners in AMP8 and potential growth opportunities, particularly in areas like asset health and data centers. They expect the upcoming white paper to bring recommendations for regulatory changes, with a focus on investor-friendly measures and a strategic policy statement for Ofwat and the EA. The firm is actively managing affordability, having doubled the number of customers on support schemes, and anticipates potential legislative developments like a national social tariff. Financially, United Utilities maintains a strong balance sheet with a net debt to RCV gearing of 60%, well within their 55% to 65% range, and they are confident in their funding for AMP8, despite uncertainties linked to possible reopeners. They also discussed the potential environmental super cycle and the implications of PFAS and housebuilding on future investments, while reaffirming their commitment to transformation projects to manage totex delivery effectively. The company guided for 100 basis points of outperformance, with a focus on financing, ODIs, and PCDs, and while they expect a net penalty in ODIs this year, they are confident in achieving a net reward position over the AMP period. Overall, United Utilities conveyed a positive outlook, emphasizing their preparedness for future regulatory and environmental challenges.

Strong Cash Performance

United Utilities reported a strong cash performance despite increased bills, doubling the number of customers on affordability schemes and maintaining cash flow.

Leakage Reduction Success

The company achieved a leakage benefit this year alone that was larger than what was delivered in the last AMP, showcasing significant operational improvement.

Strong Balance Sheet

United Utilities reported a net debt to RCV gearing of 60%, comfortably within their 55% to 65% range, and highlighted flexibility with a Moody's Baa1 threshold at 68%.

Proactive Engagement with Regulators

The company is actively engaging with regulators on growth opportunities and new legislation, particularly with asset health improvements and environmental strategies.

Data Center Opportunities

United Utilities identified opportunities in supporting data centers, including innovative engineering solutions for water supply and storm water usage.

United Utilities (GB:UU) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GB:UU Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
May 21, 2026	2026 (Q4)	0.49 / -	0.228	―	―	―
Nov 13, 2025	2026 (Q2)	0.54 / 0.53	0.268	97.01% (+0.26)	―	―
May 15, 2025	2025 (Q4)	0.22 / 0.23	0.015	1420.00% (+0.21)	―	―
Nov 14, 2024	2025 (Q2)	0.28 / 0.27	0.132	103.03% (+0.14)	―	―
May 16, 2024	2024 (Q4)	0.25 / 0.01	0.005	200.00% (<+0.01)	―	―
Nov 16, 2023	2024 (Q2)	0.14 / 0.13	-0.018	833.33% (+0.15)	―	―
May 25, 2023	2023 (Q4)	-0.01 / <0.01	0.273	-98.17% (-0.27)	―	―
Nov 23, 2022	2023 (Q2)	-0.02 / -0.02	0.284	-106.34% (-0.30)	―	―
May 26, 2022	2022 (Q4)	0.26 / 0.27	0.307	-11.07% (-0.03)	―	―
Nov 24, 2021	2022 (Q2)	0.21 / 0.28	0.255	11.37% (+0.03)	―	―

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

GB:UU Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 13, 2025	1201.00p	1201.00p	0.00%
May 15, 2025	1038.90p	1064.61p	+2.47%
Nov 14, 2024	1002.05p	1035.98p	+3.39%
May 16, 2024	1027.82p	1013.95p	-1.35%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does United Utilities (GB:UU) report earnings?

United Utilities (GB:UU) is schdueled to report earning on May 21, 2026, TBA (Confirmed).

What is United Utilities (GB:UU) earnings time?

United Utilities (GB:UU) earnings time is at May 21, 2026, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of United Utilities stock?

The P/E ratio of United Utilities is N/A.

What is GB:UU EPS forecast?

GB:UU EPS forecast for the fiscal quarter 2026 (Q4) is 0.49.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing