H2O America reports Q1 adjusted EPS 50c, consensus 49c

Reports Q1 revenue $183.3M, consensus $176.34M. “Our strong first quarter of 2026 results were consistent with our internal expectations and reflective of the positive regulatory outcomes our team has achieved in recent years,” said CEO Andrew Walters. “We made progress executing on our planned $483M of infrastructure investments in 2026 needed to continue to provide the high quality, reliable service that our customers deserve. Longer-term, we remain steadfast in our commitment to deliver on the 2026-30 financial plan that we rolled out at the end of February, including achieving a 5-year EPS CAGR at or above the top end of our 6-8% target, while continuing to work constructively with regulators and legislators in all four of our states to recover critical water infrastructure investments made. Further, the $700M equity raise that we completed in early March, which included a $400M forward component, addresses our forecasted equity needs through 2027. Based on these accomplishments, I believe our company is poised for long-term success.”