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Transcat Q2 Earnings Call Highlights

The utility reaffirmed 2026 earnings guidance and said its $1.2 billion capital plan and recent acquisitions are supporting rate base growth and emissions cuts.

  • Unitil Corporation reported adjusted net income of $38.3 million for the first nine months of 2026, representing a 4.4% increase compared to the same period in 2025.
  • Strategic acquisitions of Aquarion Water Company of New Hampshire and Abenaki Water Company closed June 30, 2026, diversifying the regulated utility portfolio and expanding the customer footprint.
  • Management is executing a $1.2 billion five-year capital investment program, having issued $200 million in long-term debt at 5.76% interest to fully repay acquisition-related term loans.
  • Reaffirming 2026 earnings guidance of $3.20 to $3.36 per share, Unitil is advancing multiyear rate plans in Maine and New Hampshire to recover 2027 system investments.
  • New leak detection technology found pipeline methane emissions are 91% lower than previously estimated, supporting Unitil's goal to reduce direct greenhouse gas emissions by 50% by 2030.
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Seeking Alpha broke the news in Ra'anana, Israel on Tuesday, November 3, 2026.
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