Unitil

Q2 FY2026 EarningsQ2 FY26 results beat consensus on both top and bottom lines, with revenue of $117.0M exceeding the $111.4M consensus by 5.1% and Adjusted EPS of $0.29 outperforming the $0.26 expectation. The performance was driven by higher distribution rates and customer growth, including the $4.2M revenue contribution from the recently acquired Maine Natural. While electric C&I volumes fell 1.5% due to the loss of a large customer, the closing of the Aquarion Water acquisition on June 30, 2026, marks a strategic pivot into a new regulated utility segment, though it added $42.6M in new debt to the balance sheet.