Quarterly ResultAug 6, 2026, 04:50 PM
RGC Resources Q3 Net Income $558.9K; 9-Month EPS $1.39
AI Summary
RGC Resources Inc. reported its third-quarter and nine-month financial results for the period ended June 30, 2026. The company saw a slight increase in net income for the quarter to $558,900, while operating revenues experienced a minor decline. For the nine-month period, net income grew to $14.19 million, with basic earnings per share rising to $1.39, driven by increased operating revenues. The company noted that quarterly earnings are affected by the seasonal nature of its business and weather conditions.
Key Highlights
- Net income for Q3 2026 was $558,900, up from $538,412 in Q3 2025.
- Basic and diluted EPS for Q3 2026 remained stable at $0.05.
- Operating revenues for Q3 2026 were $17,105,393, a slight decrease from $17,264,615 in Q3 2025.
- For the nine months ended June 30, 2026, net income increased to $14,186,255 from $13,484,309 in 2025.
- Nine-month basic EPS rose to $1.39 in 2026 from $1.31 in 2025.
- Nine-month operating revenues increased to $92,822,870 in 2026 from $81,016,198 in 2025.
- Gas Utility segment operating income for nine months was $19,039,786.
- Investment in Affiliates segment equity in earnings for nine months was $2,495,239.
Price Impact
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