{
  "id": 16787600,
  "title": "Earnings call transcript: H2O America Q3 2026 misses estimates, stock rises",
  "url": "https://urgent.news/2026/10/27/earnings-call-transcript-h2o-america-q3-2026-misses-estimates-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-27T19:42:25.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-h2o-america-q3-2026-misses-estimates-stock-rises-93CH-4976676"
  },
  "original_language": "en",
  "account": "H2O America reported third-quarter adjusted earnings of $1.04 per share on revenue of $250.23 million, falling short of Wall Street's expectations. Despite this, the company's stock rose by 3.8%, trading at $60.71, indicating that investors are focusing on the utility's long-term growth strategy, Texas acquisitions, and steady guidance for the full year.\n\nThe adjusted earnings per share (EPS) missed the $1.20 estimate by 13.3%, while revenue fell 4.1% from the forecast. H2O America has narrowed its adjusted EPS guidance for 2026 to a range of $3.10 to $3.16, with the midpoint remaining at $3.13. Despite the shortfall, the company expects full-year 2026 adjusted EPS of $2.91 to $2.97, which includes the effects of Texas acquisitions and financing.\n\nActive connections for H2O America increased by 14% in 2026, driven by growth at Quadvest and other Texas operations. The company's stock has now reached near the top of its 52-week range, reaching $60.71, which is 90.5% of the way from its 52-week low of $43.75 to its high of $67.09.\n\nH2O America's adjusted diluted EPS for the quarter decreased to $1.04 from $1.27 a year earlier, an 18% decline. Year-to-date, adjusted EPS stands at $2.30, down from $2.53 in the same period of 2025. The company reported an 8% increase in adjusted net income through September 30, but this was offset by a 20% increase in weighted average diluted shares outstanding due to the company's automatic tender offer (ATM) program and a March equity issuance.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}