Rgc Resources Inc. (RGCO)
NASDAQ:RGCO
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Earnings Data
Report Date
Aug 10, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.06Last Year’s EPS
0.05Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Q2 2026
Earnings Call Date:May 11, 2026|
% Change Since:
|
Earnings Call Sentiment|Neutral
The call contained a mix of positive near-term financial performance and notable operational challenges. Highlights include a robust Q2 with 14% EPS growth, improved margins from new rates and affiliate earnings, steady construction activity, and active steps to refinance impending debt. Significant lowlights are a 5% decline in quarterly volumes (3% YTD), the idling of a top-five industrial customer that materially reduced industrial usage, and damage to the LNG peak-shaving facility that will be unavailable next winter with unknown repair costs. Given the combination of strong recent results and meaningful operational and regulatory risks, the tone is balanced.Company Guidance
Quarterly Net Income and EPS Growth
Net income for Q2 was $8.7 million, or $0.84 per diluted share, up from $7.4 million, or $0.74 per diluted share a year ago, a 14% increase in EPS.
Six-Month Financial Improvement
Year-to-date net income was $13.6 million, or $1.31 per diluted share, versus $1.26 per diluted share in 2025, a 5.3% increase.
Improved Margins and Contributing Drivers
Roanoke Gas margins improved driven by rates effective Jan 1, higher earnings from unconsolidated affiliate MVP, and lower interest expense, which offset elevated operating costs and inflationary pressures.
Operational Stability in Construction and Connections
Installed 2.7 main miles in FY2026 (near 2025 levels) and connected 340 new services (vs. 359 in 2025), indicating continued residential development in the region.
Service Renewal Increase
Service renewals increased by almost 25% year-over-year (190 services renewed), offsetting a decline in main-mile renewals that was partly weather related.
Capital Discipline and Maintained FY Capital Forecast
YTD CapEx was $9.8 million, down approximately 8% versus prior year. Management maintained the full-year capital spending forecast at $22 million and said they remain flexible to rebalance investments as needed.
Rate Case and Regulatory Momentum
Roanoke Gas filed an expedited rate case seeking ~$4.3 million in incremental annual revenues (based on 9.9% ROE); interim rates effective 01/01/2026 (subject to refund). SEC staff testimony expected in June and hearing set for 07/15/2026.
Balance Sheet Position and Refinancing Progress
Balance sheet described as strong. Management is in active, positive discussions with lenders to refinance a $15 million note maturing in August and expects to secure financing consistent with plans.
RGCO 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
RGCO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 11, 2026 | $23.20 | $23.05 | -0.65% |
Feb 05, 2026 | $22.28 | $21.64 | -2.85% |
Nov 19, 2025 | $20.67 | $20.57 | -0.52% |
Aug 11, 2025 | $20.96 | $22.25 | +6.16% |
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 Rgc Resources Inc. (RGCO) report earnings?
Rgc Resources Inc. (RGCO) is schdueled to report earning on Aug 10, 2026, After Close (Confirmed).
What is Rgc Resources Inc. (RGCO) earnings time?
Rgc Resources Inc. (RGCO) earnings time is at Aug 10, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is RGCO EPS forecast?
RGCO EPS forecast for the fiscal quarter 2026 (Q3) is 0.06.