H2O America reports Q1 EPS of $0.49, revenue up 9% to $183.3M; reaffirms FY guidance

H2O AMERICA

2026-Q1 EPS reported $0.49 revenue$183,293,000

GAAP diluted EPS $0.49, adjusted diluted EPS $0.50, both flat YoY.
Revenue $183.3M, up 9% YoY driven by rate increases of $11.8M.
Net income $19.0M, up 15% from $16.6M.
Reaffirmed 2026 standalone adjusted EPS guidance $3.08-3.18 and long-term EPS CAGR 6-8%.
Quadvest acquisition ($540M) PUCT deemed application complete; closing expected H2 2026.

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