Quarterly ResultAug 5, 2026, 04:03 PM
RGC Resources Q3 Net Income $559K; YTD Net Income Up 5.2% to $14.2M
AI Summary
RGC Resources, Inc. reported Q3 2026 consolidated earnings of $559,000, or $0.05 per diluted share, a slight increase from $538,000 in the prior year's quarter. For the first nine months of fiscal 2026, net income rose 5.2% to $14.2 million, or $1.37 per diluted share, compared to $13.5 million, or $1.31 per diluted share, a year earlier. The year-to-date growth was driven by stronger operating margins from higher base rates and SAVE investment, and lower interest expense, despite persistent inflation and an industrial customer ceasing operations.
Key Highlights
- Q3 2026 net income was $559,000, up from $538,000 in Q3 2025.
- Diluted EPS for Q3 2026 remained $0.05, same as Q3 2025.
- Nine-month net income increased 5.2% to $14.2 million from $13.5 million.
- Nine-month diluted EPS rose to $1.37 from $1.31 year-over-year.
- Q3 operating margin was $757,000 higher, aided by increased non-gas base rates.
- Year-to-date interest expense decreased to $4.81 million from $4.92 million.
- Cash dividends per share increased to $0.2175 in Q3 2026 from $0.2075.
Price Impact
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