H2O America Posts 3Q EPS of 99 Cents
HTO sits 31% above its 52-week low of $43.75.
Summary
H2O America reported third-quarter EPS of 99 cents on revenue of $250.2M, a quarter in which adjusted EPS fell on a higher share count and missed analyst estimates. That compares with adjusted EPS of 72 cents in Q2, though the two figures aren't strictly comparable without the company's own adjustments. The print lands after a busy stretch: the $540 million Quadvest acquisition closed October 1st, more than doubling Texas water and wastewater connections, and Texas Water Company won approval for the Cibolo Valley wastewater plant in September. Those deals should start showing up in reported results, so the quality of this quarter's beat matters more than the headline number. Looking ahead, the company sees 2026 adjusted EPS of $3.10 to $3.16.
At the time of this announcement, HTO was trading at $57.48 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $2.4B. The 52-week trading range was $43.75 to $67.09. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.