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Global Water Resources Inc (GWRS)
NASDAQ:GWRS
Earnings Data
Report Date
May 06, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0Last Year’s EPS
0.03Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed picture: structurally positive developments include significant rate base growth (+$70M, +59%), substantial capital investment ($67.3M), connection growth (6.3% total; 3.2% organic), a strategic Tucson acquisition, and supportive state infrastructure and water policy. However, near-term financial performance is under pressure — net income and adjusted net income roughly halved year-over-year, operating expenses rose 12.2%, a one-time asset loss related to the Southwest plant occurred, and permit activity showed notable declines (nearly –20% in Phoenix MSA, –39% in Maricopa). Regulatory lag and the unique rate case timing add recovery uncertainty. Overall, the company shows meaningful long-term growth positioning but faces clear short-term earnings and expense challenges.Company Guidance
Significant Rate Base Growth
Increased collective rate baseable assets by $70 million (59%) across 2024 and 2025 related to Santa Cruz and Palo Verde rate cases, indicating material long-term rate base expansion.
Near-Record Capital Investments
Invested $67.3 million into infrastructure improvements in 2025, including recommissioning assets and capital projects to support fast-growing communities.
Connection Growth
Total active service connections rose 6.3% to 68,577 at December 31, 2025; organic active connection growth (excluding Tucson acquisition) was 3.2% year-over-year.
Revenue Increase
Total revenue for 2025 was $55.8 million, up $3.1 million or 5.8% versus 2024, driven by the July 2025 City of Tucson acquisition, organic connection growth, and higher rates in certain utilities.
Strategic Acquisition Closed
ACC approval (Jan 2025) and closing (July 2025) of the acquisition of seven public water utility systems from the City of Tucson, expanding footprint and revenue base.
Regulatory and Rate Actions Progress
Filed testimony supporting a proposed revenue increase of approximately $4.3 million for ongoing rate reviews; ACC approved ~ $1.1 million of new revenues for Global Water Farmers utility in April 2025.
Favorable External Developments
Arizona passed Ag-to-Urban water legislation in 2025 (expected to provide groundwater supply and support growth) and full funding was approved for Highway 347 expansion, supporting regional population growth.
Stable Adjusted EBITDA
Adjusted EBITDA was relatively stable, decreasing only 0.7% to $26.5 million from $26.7 million in 2024, despite heavy capital spending and one-time items.
GWRS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GWRS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 04, 2026 | $9.09 | $7.83 | -13.86% |
Nov 12, 2025 | $9.81 | $9.03 | -7.99% |
Aug 13, 2025 | $10.09 | $9.76 | -3.30% |
May 14, 2025 | $9.82 | $9.88 | +0.60% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Global Water Resources Inc (GWRS) report earnings?
Global Water Resources Inc (GWRS) is schdueled to report earning on May 06, 2026, TBA (Confirmed).
What is Global Water Resources Inc (GWRS) earnings time?
Global Water Resources Inc (GWRS) earnings time is at May 06, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GWRS EPS forecast?
GWRS EPS forecast for the fiscal quarter 2026 (Q1) is 0.