What move does the options market price into Essential Utilities's report?

Implied ±3.4%, either direction.

WTRGNYSEWater Supply

Essential Utilities, Inc. (WTRG) earnings date, market-implied expected move, and options open interest by expiry

44.55

pre 44.80 +0.81%

Pre-market04:29 ETdelayed

Open43.11Volume4.2MMkt cap$12.6BP/E22.97EPS1.95Div yield3.12%

Day43.11 – 44.80100%52-wk35.71 – 44.67100%

WTRG

Essential Utilities, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±3.4%implied · straddle

42.9345.95

spot 44.44exp Nov 20ATM strike 45ATM straddle 1.77IV 14%

Nov 2 close

Expected move

Inputs

Next report

Nov 4

before open · in 1 day

est.Q3 FY26

Calendar

Next report

Last report

+0.08%

shaded = implied · ▲▼ = realized

Aug 5 '26 · confirmed

Implied vs realized

Largest filed tie

—

Supply chain

Largest filed tie

13F top-10 QoQ

+1.69%

shares held · 10 largest managers

13F · Jun 30 '26126d lag

698 managers

Top fund weight

0.30%

WTRG weight · MDY

N-PORTJun 30 '26

4 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Essential Utilities (WTRG) is expected to report on Nov 4 before open (estimated date).

Implied vs realized

1 report

—≥ implied

Q2 FY26Aug 5 '26confirmed—▲+0.08%—

quarterimplied−5%0+5%realized×

Q2 FY26—▲+0.08%—

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Nov 2 close

22.28OI · 3 expiries · Nov 2 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

1,047—Nov 2017d47—

230−2%Dec 1845d0.131,7620%0.13

50−7%Mar 19136d0.18271+18%0.18

ExpiryPutsCallsP/C

Nov 2017d1,047—47—22.28

Dec 1845d230−2%1,7620%0.13

Mar 19136d50−7%271+18%0.18

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±3.4%

Funds 4

MDY±0.0%

VIG±0.0%

VTI±0.0%

VT±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

19.92%as filednet margin · revenue −38.40% QoQ · +3.10% YoY

Revenue

$531M−38.40% QoQ

Gross profit

$331M−26.00% QoQ

62.36% margin

Operating income

$193M−37.78% QoQ

36.41% margin

Pre-tax income

$109M−52.72% QoQ

Net income

$106M−52.88% QoQ

19.92% margin

Cost of revenue

$200M−51.78% QoQ

Operating expenses

$138M+0.76% QoQ

Depreciation $110M

Other operating $24M

Other operating $4M

Other expense

$84M

Tax

$3M−46.91% QoQ

Revenue$531M−38.40%

Gross profit

$331M−26.00%

62.36% margin

Operating income

$193M−37.78%

36.41% margin

Pre-tax income

$109M−52.72%

Net income

$106M−52.88%

19.92% margin

Cost of revenue

$200M−51.78%

Operating expenses

$138M+0.76%

Depreciation $110M

Other operating $24M

Other operating $4M

Other expense

$84M

Tax$3M−46.91%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 2 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 04:15 ET

Intraday

Event sensitivity

FOMC ×1.33· ±1.4% vs ±1.1% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±1.4%6 of 24×1.33

NFPjobs report±1.2%5 of 10×1.11

CPIconsumer prices±1.0%6 of 11×0.99

PCEpersonal income & outlays±0.9%10 of 19×0.82

PPIproducer prices±0.8%5 of 11×0.77

GDPgross domestic product±0.7%8 of 19×0.69

CPROFcorporate profits±0.5%5 of 12×0.51

Bar = avg |move| to ±2% · tick = ±1.1% avg day · ×base = |move| ÷ ±1.1% · min 6 releases

Earnings history

EPS 0.37 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 5 '26 · confirmed	0.37	—
Q1 FY26	—	0.79	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod