H2O America (HTO) Earnings
H2O America is expected to report next earnings on July 27, 2026 (in NaN days), with a consensus EPS estimate of $0.69. HTO has beaten EPS estimates in 2 of its last 3 reported quarters (average surprise +9.6% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 29, 2026 | $0.48 | $0.50 | +4.2% | $183M | +1.5% |
| Feb 26, 2026 | $0.50 | $0.45 | -9.9% | $-412M | -289.6% |
| Feb 26, 2025 | $0.55 | $0.74 | +34.5% | $225M | — |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 29, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Andrew mentioned the successful equity raise of $700 million, which was oversubscribed and upsized to fund the QuadVest acquisition and 2026 - 2027 capital budget. Anne discussed first quarter 2026 results with diluted EPS of 49 cents and adjusted diluted EPS of 50 cents, citing drivers like revenue increase from rate relief, pass - through costs, and higher usage offset by higher expenses. Bruce provided regulatory updates including filings for PFAS remediation in California, rate increases in Connecticut, and updates on QuadVest acquisition, as well as capital investment and affordability efforts.
Guidance
First quarter 2026 results were consistent with internal expectations and supportive of standalone 2026 EPS guidance of $3.08 to $3.18. Expect to stay out of equity markets through at least year - end 2027 with $400 million board agreement component, and expect to raise $100 - $200 million of debt for QuadVest transaction. Anticipate closing QuadVest acquisition in second half of 2026, and Texas to file general rate case for new rates to take effect early 2028.