secwatch.observer — SEC 8-K summary
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Issuer:     H2O AMERICA (HTO)
CIK:        0000766829
Form:       8-K
Filed at:   2026-07-27T20:45:45+00:00
Accession:  0001628280-26-049836
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

H2O America Q2 GAAP EPS $0.62 vs $0.71 YoY; reaffirms FY guidance; Quadvest closing expected Q3/Q4 2026
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- Q2 GAAP diluted EPS $0.62 (down from $0.71); adjusted diluted EPS $0.72 (down from $0.75); net income $26.6M (+8% YoY).
- Revenue $210.5M (+6% YoY); operating expenses $167.7M (+9% YoY); effective tax rate 13% vs 16%.
- Reaffirms FY 2026 standalone adjusted diluted EPS guidance $3.08-$3.18; long-term CAGR target 6-8% anchored off 2025 adjusted EPS $2.99.
- Quadvest acquisition ($540M) PUCT staff recommended approval; closing expected end of Q3/early Q4 2026; active connections up 10% to 59,800.
- Declared $0.44 cash dividend per share; H1 2026 capex $206.9M; filed rate cases in CT and ME seeking >$180M recovery.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/766829/000162828026049836/0001628280-26-049836-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/766829/000162828026049836/sjw-20260727.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-049836

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