Quarterly ResultApr 28, 2026, 04:16 PM
HTO Q1 Diluted EPS $0.49; Revenue +9%; Declares $0.44 Dividend
AI Summary
H2O America reported Q1 2026 GAAP diluted EPS of $0.49 and adjusted diluted EPS of $0.50, consistent with the prior year. Net income increased 15% to $19.0 million, and operating revenue grew 9% to $183.3 million. The company declared a $0.44 cash dividend per share and reiterated its 2026 adjusted diluted EPS guidance of $3.08-$3.18, along with a long-term CAGR target of 6-8%. The Quadvest acquisition approval process is underway, with closing anticipated in the second half of 2026.
Key Highlights
- Q1 2026 GAAP diluted EPS $0.49, consistent with Q1 2025.
- Q1 2026 adjusted diluted EPS $0.50, consistent with Q1 2025.
- Q1 2026 net income $19.0 million, up 15% compared to prior year.
- Q1 2026 operating revenue $183.3 million, up 9% YoY.
- Declared $0.44 cash dividend per share of common stock.
- Reiterated 2026 standalone adjusted diluted EPS guidance of $3.08-$3.18.
- Quadvest acquisition approval process underway, anticipated closing during H2 2026.
- Reiterated long-term adjusted diluted EPS CAGR target of 6-8% for 2026-30.