Highest-materiality recent filing
H2O America reports Q1 EPS of $0.49, revenue up 9% to $183.3M; reaffirms FY guidance
GAAP diluted EPS $0.49, adjusted diluted EPS $0.50, both flat YoY.
H2O America prices $608.7M common stock offering for Quadvest acquisition funding
Offering of 11,484,824 shares at $53.00/share; net proceeds ~$588.9M (or $677.2M with underwriter option).
2025 adjusted diluted EPS $2.99 (top of raised $2.95-3.00 range), up from $2.95 in 2024.
H2O America Q3 adj EPS $1.27 (+8% YoY) on revenue $240.6M (+7%); narrows FY guidance to $2.95-$3.00
GAAP net income $45.1M (+17% YoY); diluted EPS $1.27 vs $1.17 prior year.
H2O America Q2 GAAP EPS $0.71 (+11% YoY); revenue $198.3M (+13%); Quadvest deal
GAAP diluted EPS $0.71 (up 11% YoY); adjusted diluted EPS $0.75 (up 14% YoY).
H2O America to acquire Quadvest water and sewer assets for $540M; expands Texas footprint
Total purchase price of $540M: $483.6M for regulated business + $56.4M for wholesale business.
Andrew F. Walters elected to board, to become CEO on July 1, 2025; Eric Thornburg to remain Chair
Board increased from 9 to 10 directors; Andrew F. Walters appointed director effective July 1, 2025.
On June 24, 2025, the Board of Directors (the “Board”) of H2O America (the “Company”) appointed Megan Mattern as the Chief Accounting Officer, Principal Accounting Officer, and Controller of the Company, effective July 28, 2025.
Ms. Mattern will replace Ms. Kelly in her role as Chief Accounting Officer and Principal Accounting Officer of the Company.
appointed Andrew F. Walters as a member of the Board, effective as of July 1, 2025.
the Company appointed Mr. Walters, the Company's current Chief Financial Officer and Treasurer, to the position of Chief Executive Officer upon the retirement of Eric W. Thornburg as Chief Executive Officer and President of the Company, each effective July 1, 2025.
upon the retirement of Eric W. Thornburg as Chief Executive Officer and President of the Company, each effective July 1, 2025.
Max materiality 0.90 · Median 0.60 · Most common event earnings