H2O America reports Q3 2026 results, narrows adjusted EPS guidance and completes Quadvest acquisition
H2O America posted third‑quarter 2026 GAAP diluted EPS of $0.99 and adjusted diluted EPS of $1.04, with revenue of $250.2 million, up 4% year‑over‑year. Net income fell to $43.0 million. The company completed its acquisition of Quadvest assets for $542.7 million in cash and revised its 2026 capital investment plan to $465 million. It also narrowed its standalone 2026 adjusted diluted EPS guidance to a range of $3.10‑$3.16 per share.
Why it matters
The narrowed EPS guidance signals a lower earnings outlook for the remainder of 2026, which may temper investor expectations for growth. The Quadvest acquisition expands H2O’s Texas footprint and is expected to contribute to earnings starting in 2028, affecting future cash‑flow projections.
Key facts
- 1Adjusted diluted EPS for Q3 2026 was $1.04 per share. tradingview.com
- 2GAAP diluted EPS for Q3 2026 was $0.99 per share. finance.yahoo.com
- 3Operating revenue for Q3 2026 was $250.2 million, a 4% increase YoY. tradingview.com
- 4Net income for Q3 2026 was $43.0 million. tradingview.com
- 5Quadvest assets were acquired for $542.7 million in cash. tradingview.com
- 62026 capital investment plan was revised to $465 million. finance.yahoo.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.